The price of XRP, one of the leading altcoins, has dropped below the $2.10 mark. It is currently trading at $2.09, making it the worst performer among the top 10 altcoins.
Current XRP Situation
According to CoinGecko, XRP reached an intraday low of $2.08, dropping by 4.5% over 24 hours. Closely following is Cardano (ADA), which has declined by 4.4%. Bitcoin, in contrast, has experienced a less severe decline of 2%.
Challenges Amid Trade Tensions
Risky assets like cryptocurrencies are under pressure due to ongoing global trade tensions, which seemingly show no signs of easing. On Monday, Japan's Nikkei index slipped by more than 4%.
Observing XRP Interest
Interest in XRP among retail investors is waning—search interest has hit its lowest level of 2025 according to Google Trends. As before, XRP stands at a critical horizontal support level, potentially leading to further correction.
The question remains whether XRP will be able to regain its momentum later this year amidst potential ETF approval and other market factors.
