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XRP Slides 4% As Bitcoin Pulls Down Altcoins
Key takeaways
- Analysts say XRP broke down amid heavy trading volumes on June 1 as Bitcoin fell to $69,000 U.S. amid an accelerating selloff in the largest cryptocurrency.
- More than 25 million XRP have moved off exchanges over the past week.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
XRP Slides 4% As Bitcoin Pulls Down Altcoins XRP Slides 4% As Bitcoin Pulls Down Altcoins Crypto Prowl Tue, June 2, 2026 at 8:21 PM GMT+7 1 min read XRP-USD BTC-USD MSTR STRC STRD The price of XRP (CRYPTO: $XRP) has declined 4% in the last 24 hours and fallen below the key support level of $1.30 U.S. as Bitcoin (CRYPTO: $BTC) drags down altcoins.
Analysts say XRP broke down amid heavy trading volumes on June 1 as Bitcoin fell to $69,000 U.S. amid an accelerating selloff in the largest cryptocurrency.
More than 25 million XRP have moved off exchanges over the past week. Analysts say XRP continues to track broader crypto sentiment, showing little evidence of demand currently.
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