XRP Tumbles to $1.27 Amidst US-Iran Conflict

XRP's price plummeted to $1.27 on Saturday morning due to the US-Israeli military strikes on Iran, triggering a wave of risk-off selling that sent the broader cryptocurrency market into its sharpest single-session decline in months.

The token partially recovered to around $1.33 but volume contracted during the rebound, suggesting repositioning rather than renewed conviction.

XRP's recovery was further hindered by an already weakening technical structure, which saw the token reject near $1.45 earlier in the week and establish a sequence of lower highs and lower lows leading up to the weekend.