Discover the reasons behind Ripple's recent price drop below $2 and how selling pressure is affecting the cryptocurrency market. Stay informed with real-time digital currency prices.
Ripple (XRP) fell below the $2 mark for the first time in a month last night. This price drop was due to intense selling pressure in the cryptocurrency market, causing Ripple’s price on Binance exchange to reach $1.98. Currently, Ripple has slightly recovered from the recent drop and reached around $2.05. According to CoinGlass data, over $20.33 million worth of XRP positions were liquidated in the past 24 hours, with 63% of it coming from long positions.
