XRP Slumps to Multi-Month Low Amid Market Volatility

XRP's recent downturn is causing concern among investors as the token struggles to recover from a sharp sell-off.

The price drop has left multiple support layers compromised, and the market structure heading into this week offers little comfort for holders still averaging down.

USDC has surpassed XRP as the fifth-largest cryptocurrency by market cap on CoinGecko, adding to the token's woes.