Ripple's XRP token dropped 6% on Friday, November 6, 2026, falling to $1.18. This marks the first time since late August that the price has dipped below $1.19, reflecting broader bearish trends in the cryptocurrency market.
The decline comes despite recent signs of whale buying and exchange outflows, which typically suggest strong investor confidence. However, these positive indicators have not been enough to counteract the overall downward pressure on XRP's price.
The broader crypto market has been struggling, and XRP is not alone in facing challenges. The token's recent performance highlights the volatility and uncertainty that continue to define the digital asset space.