The crypto market took a major hit in 24 hours. Major coins like Bitcoin (BTC), Ethereum (ETH) and XRP all fell sharply. XRP in particular had a hard time with a loss of seven percent. The price fell to $1.75, bringing the weekly loss to more than eight percent.
XRP price under pressure in troubled market
Although XRP was not the only one to fall sharply, it is striking how far the coin has fallen since its peak above $3.50 in July 2025. In total, around $100 billion in value has evaporated.
The entire crypto market has been under pressure since October 2025, after Bitcoin reached its last all-time high around $125,000. But this week’s blow has everything to do with political unrest and uncertainty among investors.
President Donald Trump added fuel to the fire by unexpectedly nominating Kevin Warsh as successor to Fed Chairman Jerome Powell. At the same time, a new government shutdown is looming in the US on January 31. And if that wasn’t enough, tensions in the Middle East are increasing. Trump is said to have now discussed military options for an attack on Iran.
Investors dump risk – XRP falls along with it
Risk aversion among investors has rarely been so clear. Microsoft suffered a hit of ten percent on the stock market after disappointing quarterly figures. Even gold – normally a safe haven – lost almost $3 trillion in value.
Crypto did not do much worse than other markets, but just as bad. The total market lost approximately $200 billion in one day. XRP fell along with the rest of the sentiment.
For investors, the question remains: is this a temporary correction or the start of a longer period of turmoil?
Source: https://newsbit.nl/xrp-onderuit-beleggers-schrikken-van-crash-wat-zit-hierachter/
