Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Market Capitalization:3 750 006 580 246,2 USD
Vol. in 24 hours:242 542 655 130,11 USD
Dominance:BTC 59%
ETH:12,72%
Yes
>>A rapid price drop in XRP was likely caused by a combination of high trading leverage and limited market liquidity.

A rapid price drop in XRP was likely caused by a combination of high trading leverage and limited market liquidity.

crypthub
A rapid price drop in XRP was likely caused by a combination of high trading leverage and limited market liquidity.

Market Downturn and XRP Price Drop

XRP experienced a significant price decline, dropping more than 50% during a recent downturn in the cryptocurrency market. This sharp decrease resulted in liquidations totaling $700 million.

Rapid Recovery and Speculation

Despite the initial plunge, XRP quickly recovered its value. Following the flash crash, analysts and social media users have suggested the price movement may have been caused by coordinated market activities.