XRP's Price Plummets 11% Amid Cryptocurrency Market Downturn

XRP's price plummeted by 11.28% on Sunday to $1.4745, its largest one-day percentage loss since February 5. This bearish trade pushed XRP's market cap down to $92.2874 billion, accounting for 3.55% of the total cryptocurrency market cap.

XRP had traded in a range of $1.4626 to $1.5186 in the previous 24 hours, but its value has been rising over the past week, gaining 46.85%. However, it's still down significantly from its all-time high of $3.66 set on July 18, 2025.

The cryptocurrency market is experiencing a downturn, with Bitcoin and Ethereum also suffering losses. Bitcoin fell by 1.98% to $76,932.1, while Ethereum dropped by 4.05% to $2,414.03.