Crypto
XRP Price Plunges 2.04% in One Hour to $1.58 Amid Heavy Liquidations
Ripple's (XRP) price took a hit yesterday morning as it fell 2.04% in one hour to $1.58 on Binance's XRP/USDT spot market.
The drop occurred at 9:32 a.m. ET (13:32 UTC) on September 25, bringing the token's value down from $1.62 just an hour earlier.
Despite the short-term decline, Ripple was still up 5.20% from its price 24 hours prior, indicating some resilience in its value.
In a related development, long XRP liquidations reached $2.03 million across Binance, Bybit, and OKX during this same hour, while short liquidations totaled just $30,000.