{"id":10383,"date":"2025-06-23T18:29:00","date_gmt":"2025-06-23T17:29:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=10383"},"modified":"2025-06-23T18:12:23","modified_gmt":"2025-06-23T17:12:23","slug":"ripple-xrp-price-drop-reasons-today","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/ripple-xrp-price-drop-reasons-today\/","title":{"rendered":"Why Is Ripple (XRP) Dropping Today ? Key Reasons Explained"},"content":{"rendered":"\n
Despite the quality of the Ripple<\/a> project and the utility of XRP<\/strong>, this cryptocurrency<\/a> has experienced a significant drop in value in recent days, falling below the $2<\/strong> mark. This downward trend is not specific to XRP but is affecting the entire crypto market. It is being driven to a correction<\/strong> by a tense geopolitical context.<\/p>\n\n\n The recent tensions between Israel<\/strong> and Iran<\/strong>, including the American<\/strong> strikes on Iranian nuclear sites, have had major repercussions on financial markets. The threat of closing the Strait of Hormuz, a crucial route for oil transportation, has caused a spike in oil prices<\/strong>. This rise in energy prices has a negative impact<\/strong> on the cryptocurrency sector, which is very energy-intensive.<\/p>\n\n\n\n In this tense geopolitical context, the entire crypto market has undergone a significant correction<\/strong>, with some altcoins experiencing drops of up to 20%<\/strong>. XRP has also been affected, losing over 8%<\/strong> in 24 hours.<\/p>\n\n\n\n Despite this short-term decline, analysts remain optimistic<\/strong> about XRP’s long-term potential. Some experts even mention rebound targets of $6.70<\/strong>, $13<\/strong>, or even $27<\/strong>. They are relying on the past performance history of this cryptocurrency.<\/p>\n\n\n\n
Continued Positive Outlook for Ripple<\/h2>\n\n\n\n