XRP Price Falls to Weakest Level Since February Amid Market-Wide Selloff

XRP's price fell to $1.02 on Friday, its weakest level since February, as a market-wide selloff prompted traders to reduce exposure to digital assets.

Data from CryptoSlate shows that XRP recovered slightly afterward but the rebound did little to dispel concerns that the decline may be entering a more damaging phase.

The shift has left XRP caught between two possible outcomes: clearing speculative positions could reduce the risk of another liquidation-driven decline, but without stronger demand from spot buyers, the withdrawal of traders may leave the token with little support if it falls below $1.