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Digital token XRP became the main outsider of the week

1:23 pm, March 31, 2025

The cryptocurrency XRP $2.14 XRP 1.06% Market capitalization $124.61 billion VOL. 24 hours $0.46 billion has fallen below the psychological mark of $ 2.1, making it the worst performing asset among the top 10 altcoins. According to CoinGecko, the token’s current price is $ 2.09, after an intraday low of $ 2.08. Over the past 24 hours, XRP has fallen by 4.5%, making it the underdog of the day among the largest digital assets.

Cardano ADA $0.68 Cardano 2.56% Market capitalization $24.45 billion VOL. 24 hours $77.33 million also suffered significant losses, down 4.4%. In comparison, other leading altcoins showed a less painful correction. Bitcoin BTC $85,124.81 Bitcoin 2.06% Market capitalization $1.69 trillion VOL. 24 hours $1.67 billion , for example, lost only 2%. However, investors in the options market are beginning to hedge against the risk of BTC falling below $ 80,000, as evidenced by a recent Bloomberg report.

Pressure on market sentiment is growing amid global economic tensions. In particular, the Nikkei index in Japan fell by more than 4% at the beginning of the week, which reinforced the tendency for investors to avoid risky assets.

Analysts at 100eyes Crypto Scanner note that XRP has approached a critical horizontal support level. Over the past seven days, the cryptocurrency has lost more than 14% of its value. If the support does not hold, it could lead to an even deeper drop. The last time the token dropped below $ 2 was in May of this year.

In addition to market factors, there is also a decline in interest from retail investors. According to Google Trends, the level of XRP searches in 2025 has reached its lowest point. And this is against the backdrop of Ripple’s victory over the US Securities and Exchange Commission (SEC), which was previously considered a supportive factor for the cryptocurrency.

The further dynamics of XRP may depend on news about the potential approval of an exchange-traded fund (ETF) based on the token. But for now, the market is showing weak support and a cautious mood.

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BTC

$85,124.81

2.06%

ETH

$1,901.38

3.62%

BNB

$608.78

0.27%

XRP

$2.14

1.06%

SOL

$126.44

0.35%

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