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XRP Drops 48% Since Ripple Co-founder Sold $200M, Analyst Links to Broader Market Downturn

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XRP
$1.91582-0.44%
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BTC
$88,303.800.07%
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ETH
$2,992.440.33%
XRP has dropped nearly 48% since Ripple co-founder Chris Larsen sold $200 million in tokens in July. As of Dec. 14, the price has fallen below the $2 support level, trading at $1.88. Analysts point to **market trends** showing broader crypto weakness, with Bitcoin and Ethereum down 30% and 41%, respectively, from July highs. The global market has lost over $1.36 trillion since October, highlighting **market volatility** remains a key factor for traders.
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