BEARISH 62 Bitcoin.com News 13H ago · 1 min read 2 reads

XRP Sinks Below $1 to Its Lowest Since 2024 as XRP ETFs Turn One

AI summary

XRP dropped to $0.998 on Saturday, its lowest daily low since November 2024, breaking the $1 level traders had debated all week. The slide came one day after U.S. spot XRP ETFs marked their first anniversary, a milestone that failed to support the price. Losing $1 is a psychological and technical blow for holders, and the timing undercuts the narrative that ETF demand would underpin XRP.

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