XRP Price Plummets to $1.33 as Realized Losses Hit Historic Highs

XRP experienced a significant decline, falling to $1.33 as the broader cryptocurrency market faced intense selling pressure. The price movement saw the token trading within a daily range of $1.33 to $1.42, breaking below key psychological support levels. Market data indicates that realized losses for XRP have reached historic highs, levels not seen since previous major market downturns. This sell-off was exacerbated by Bitcoin's slide to the $65,000 mark, which dampened investor sentiment across the digital asset space. External factors, including concerns over new US trade tariffs and rising geopolitical tensions, have further fueled the market's volatility. Analysts suggest that the breach of the $1.40 level combined with massive liquidations points toward continued downward momentum in the near term.