A whirlwind rally in Bitcoin set off massive forced liquidations across the crypto market — roughly $387 million in long positions were wiped out.
Despite the overall market upswing, XRP under-performed. Its price struggled to keep pace, reflecting uncertainty among traders and weaker investor confidence amid the turmoil.
Analysts say XRP’s technical outlook now looks “uncertain,” with support levels being closely watched — a bounce may hinge on broader crypto-market stabilization rather than XRP-specific catalysts.
The episode underscores how volatility in major assets like Bitcoin can ripple through altcoins, especially those lacking the same momentum — making for a risky trading environment even when markets appear broadly bullish.