XRP Becomes Biggest Loser Among Top 100 — Down >20% and Close to Falling Behind USDC
first published 2026-02-05T04:19:51Z
XRP plunged to $1.44, its weakest level since November 2024, after a bitcoin-led market selloff. The token fell below key support at $1.60, creating an air pocket toward $1.00 with little historical support. Deribit order flow showed demand for bearish put spreads and volatility-focused strangles in the past 24 hours. The decline continues a downtrend from a post-election rally that peaked at $3.65 in July 2025.
AI Analysis
Price fell to $1.44 (weakest since Nov 2024) and traded below $1.60 support, creating an air pocket to $1.00; Deribit order flow showed demand for bearish put spreads and strangles; move was triggered by a bitcoin price slide and broad risk aversion.
Expected Investor Sentiment: Very Bearish
Potential Market Impact: High
Source Articles
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