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XRP slides 8% as support breaks; broad crypto tone weakens after policy signals
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XRP dropped ~8% on heavy volume as broader crypto sentiment weakened, with attention shifting to technical supports across major tokens.
XRP fell roughly 8%, breaching a watched support zone as volumes spiked, while the broader crypto complex softened following cautious monetary-policy guidance. Bitcoin and Ethereum traded lower, adding pressure to major altcoins and leveraged positions. The break in XRP occurred alongside elevated turnover, suggesting forced unwinds and momentum-led selling. Market participants flagged macro uncertainty and flows into crypto-linked funds as key variables to watch into the weekend. Attention turns to whether buyers defend nearby technical levels across large-cap tokens.