Ripple Sees XRP Sink to $1.01 as 43% YTD Slide Fuels Fresh Bearish Price Targets
XRP has collapsed more than 20% in June and 43% year-to-date, putting it on track for its second straight monthly loss. On June 25, XRP plunged to a yearly low of $1.01 amid a broader cryptocurrency market sell-off that dragged bitcoin down to $58,000. While XRP pared minor losses to trade around $1.03 early Friday, the digital asset remained down 4.5% over a 24-hour window. The slide widened XRP’s weekly losses to 7.7%, keeping its price action locked in step with its large-cap altcoin peers.