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XRP crashes toward key $1.10 support as crypto liquidations explode

XRP crashes toward key $1.10 support as crypto liquidations explode

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XRP
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XRP declined sharply over the last 24 hours alongside the broader crypto market after a wave of forced liquidations wiped out more than $1.7 billion in leveraged positions across digital assets. The token is now down 33% year-to-date, and while it is not the worst performer in the sector, the latest sell-off has raised concerns that a longer-term correction could be unfolding if key technical levels fail to hold. Trading activity increases amid selling pressure Market activity surged during the selloff, with XRP trading volumes jumping 56% in the past 24 hours to around $3.4 billion, representing approximately 4.4% of its circulating market cap.

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The original article is written in English.