In accordance with FinBold, XRP has suffered a $10.85 billion market cap drop in the past 24 hours, falling to $123.15 billion from $134 billion. The token’s price dropped nearly 7% to $2.03, making it the biggest loser among top assets by market cap. The decline is part of a broader market downturn, driven in part by rising Japanese bond yields and heavy derivatives unwinds. Despite strong institutional inflows and accumulation by large holders, XRP has failed to resist the aggressive selling pressure.
XRP Loses $10.85 Billion in 24 Hours Amid Broader Market Sell-Off
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