Overview

• XRP's price dropped to $1.65, falling over 20% in 24 hours and breaching the critical $2 support level.
• The downturn followed the introduction of U.S. tariffs by President Trump, which intensified sell-offs across cryptocurrencies.
• Futures traders on Binance maintained optimism, with 74% holding long positions despite the steep price decline.
• Market analysts are divided, with some predicting a recovery while others warn of further declines to as low as $0.60.
• Ripple's internal forecast highlights strong long-term growth potential for XRP, projecting the tokenized asset market to reach $9.4 trillion by 2030.