$XRP
A large-scale collapse hits cryptocurrencies.. Bitcoin loses 15%
Chris Weston, head of research at Pepperstone Group, wrote in a note: "Technically, caution is advised in the short term. This does not mean that we are about to see a price collapse anytime soon, but the momentum that was driving the movement has clearly diminished, and buyers have lost control of the market."
Cryptocurrencies Now
Altcoins have seen significant declines in their market value in recent hours, with most currencies recording price declines amid noticeable market volatility.
Ripple (XRP): fell by 9.31% to reach a price of $2.1576.
Binance Coin (BNB): recorded a decline of 7.62% to reach a value of $645.24, indicating clear selling pressure.
Solana (SOL): It suffered a massive 11.69% drop, settling at $183.408.
Dogecoin (DOGE): It fell by 20.42% to $0.288068.
Cardano (ADA): It fell by 14.60% to $0.8250, reflecting the impact of the prevailing market volatility.
Tron (TRX): It fell by 10.40% to $0.236550.
Avalanche (AVAX): It fell by 15.69% to $35.81.
