\n<\/p>\n
TL:DR;<\/strong><\/p>\n It\u2019s worth noting that XRP\u2019s price drop is far from a corner case. The entire crypto market turned red in the past 24 hours, perhaps driven by the geopolitical uncertainty following President Trump\u2019s tariffs<\/a> against China, Canada, and Mexico.<\/p>\n Bitcoin, for instance, plunged<\/a> below $100,000 earlier today and kept nosediving to a three-week low of its own at $97,000. Many other altcoins have posted double-digit price declines.<\/p>\n XRP stood at $3.07 yesterday, as reported<\/a>, but slumped beneath the $3 mark earlier today and kept dropping to $2.53 (on Bitstamp). This intraday low became the asset\u2019s lowest valuation since January 14.<\/p>\n What\u2019s particularly compelling in XRP\u2019s case is the fact that this crash came just hours after Crypto Twitter (X) started sharing a video of SBI\u2019s CEO, Yoshitaka Kitao, who noted<\/a> that he anticipates the case between Ripple and the SEC to be resolved in a few weeks.<\/p>\n Moreover, he said he expects XRP\u2019s price to \u201csoar significantly\u201d if the court determines that the asset is not a security \u2013 which has been the main dispute between the company behind the token and the SEC for over four years now.<\/p>\n The crypto market is typically quite susceptible to such big endorsements from prominent figures, but today\u2019s politically driven crash seems to be an exception. This only proves a recent report<\/a> that the crypto industry reacts more violently to FUD than actual positive news.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n
![<\/a>XRPUSD. Source: TradingView<\/figcaption><\/figure>\nIt\u2019s worth noting that XRP\u2019s price drop is far from a corner case. The entire crypto market turned red in the past 24 hours, perhaps driven by the geopolitical uncertainty following President Trump\u2019s tariffs<\/a> against China, Canada, and Mexico.<\/p>\nBitcoin, for instance, plunged<\/a> below $100,000 earlier today and kept nosediving to a three-week low of its own at $97,000. Many other altcoins have posted double-digit price declines.<\/p>\nXRP stood at $3.07 yesterday, as reported<\/a>, but slumped beneath the $3 mark earlier today and kept dropping to $2.53 (on Bitstamp). This intraday low became the asset\u2019s lowest valuation since January 14.<\/p>\nWhat\u2019s particularly compelling in XRP\u2019s case is the fact that this crash came just hours after Crypto Twitter (X) started sharing a video of SBI\u2019s CEO, Yoshitaka Kitao, who noted<\/a> that he anticipates the case between Ripple and the SEC to be resolved in a few weeks.<\/p>\nMoreover, he said he expects XRP\u2019s price to \u201csoar significantly\u201d if the court determines that the asset is not a security \u2013 which has been the main dispute between the company behind the token and the SEC for over four years now.<\/p>\nThe crypto market is typically quite susceptible to such big endorsements from prominent figures, but today\u2019s politically driven crash seems to be an exception. This only proves a recent report<\/a> that the crypto industry reacts more violently to FUD than actual positive news.<\/p>\n\nSPECIAL OFFER (Sponsored)<\/span><\/center>\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TL:DR; The overall market crash that started late last night only worsened in the past few hours, and…\n","protected":false},"author":2,"featured_media":9778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-14963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/14963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14963"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/14963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/9778"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/XRPUSD-2.png\"){kind=link}