Overview
- XRP fell to about $1.847 on Jan. 19 during a sharp selloff and briefly traded under $2 after a multi-session decline.
- Roughly $864–$873 million was liquidated across crypto in 24 hours, with XRP long liquidations in the tens of millions and the largest since November 2025 reported.
- President Trump announced 10% tariffs on eight European countries starting Feb. 1, with increases to 25% by June 1 tied to a proposed Greenland deal, while a Senate Banking markup on crypto market structure was postponed.
- Spot XRP ETFs recorded about $56 million of net additions last week, lifting total assets to roughly $1.52 billion despite the downturn.
- Ripple’s recent UK and Luxembourg licenses followed a U.S. bank charter, and analysts’ projections range from medium-term targets near $3–$3.66 to Standard Chartered’s $12.50 by 2028.