XRP Price Dips to $1.08 Amid Broad Sell-Off and Iran Tensions

XRP's price dipped to $1.08 on July 17, 2026, as it broke below the key support level of $1.10 amid a broader risk-off move across crypto markets.

The token's decline is largely macro-driven rather than XRP-specific, with renewed U.S. airstrikes on Iran over the weekend pushing oil prices higher and reviving inflation concerns that triggered a roughly 2.5% decline across the crypto market.

XRP moved in lockstep with Bitcoin as a risk asset, underscoring its exposure to broader macro shocks despite an improving regulatory and institutional backdrop.