XRP has lost 36% since the start of the quarter, falling to 89 cents for the first time since November 2024.
According to CoinDesk, XRP fell below $1 amid a sell-off that also pushed Bitcoin and Ethereum to their lowest levels since August. XRP had traded above $3.60 in July 2025.
XRP funds see largest weekly outflow since March
According to SoSoValue data, U.S. spot XRP ETFs saw net outflows of $19.13 million last week. The funds recorded their largest weekly outflow since March 2026 and have attracted about $1.5 billion in net inflows since launching in November 2025.
Stablecoin supply posts steepest monthly decline since 2022
The combined market capitalization of USDT and USDC fell to $244 billion from about $260 billion seven weeks earlier, its lowest level since September 2025. Glassnode, meanwhile, reported that the broader stablecoin supply had declined by $17 billion in a month. Analysts say converting stablecoins into fiat reduces the capital available for crypto purchases.
Not investment advice.