$XRP has experienced a sudden 20% plunge in value, following a significant surge in the crypto market. This dramatic downturn has resulted in a 14.5% drop in market capitalization, with XRP's value falling to $0.44. The cryptocurrency market as a whole is facing unprecedented declines, with over $500 billion erased from its value in the past week. Regulatory uncertainty surrounding Ripple's ongoing legal battles has intensified the XRP dip, highlighting the impact of regulatory issues on the crypto market. Investor sentiment remains cautious, with many waiting for signs of market stabilization before making further moves.
