1 min read

XRP Drops 2.71% in One Hour to $1.51 as Long Liquidations Reach $1.07M

Ripple’s XRP fell from $1.55 to $1.51 in one hour while its 24-hour performance remained up 1.14%.

Mentioned assets
Silver cryptocurrency token beside a sharply descending market chart / TokenPost.ai
Silver cryptocurrency token beside a sharply descending market chart / TokenPost.ai

Ripple (XRP) fell 2.71% in one hour to $1.51 at 11:28 a.m. ET (15:28 UTC) on Sept. 29, marking a sharp short-term decline for the cryptocurrency.

The price dropped from $1.55 one hour earlier in Binance’s XRP/USDT spot market. Despite the hourly decline, XRP remained up 1.14% from 24 hours earlier.

One-hour liquidations across Binance, Bybit and OKX totaled $1.07 million in long positions and $50,000 in short positions.

XRP ranked fifth by market capitalization at approximately $94.47007 billion at the time of the measurement.

Loading…