Crypto
XRP Plunges to Critical Technical Battleground Amid Macro Headwinds
XRP has reached a critical technical battleground at $1.05, with its price plummeting by approximately 70% in 2026 due to macro headwinds and regulatory uncertainty.
The Grayscale XRP Trust's (GXRP) selloff of $180.78 million worth of XRP in H1 2026 has created a significant forced-supply overhang, contributing to the token's decline.
A stronger U.S. dollar and rising Treasury yields have reduced demand for risk assets like crypto, while ongoing Ripple-SEC uncertainty continues to cap institutional appetite.