XRP Teeters on Edge of $1 as Crypto Market Selloff Continues

XRP has been hovering around $1.12, down nearly 70% from its high in 2025.

The recent drop is not unique to XRP, as the entire crypto market has been falling due to global tensions and a strong US dollar.

However, some analysts believe that if XRP drops below $1, it could present a buying opportunity for investors, given its potential rebound after a significant decline.

Ripple, the company behind XRP, has been making strides in building an end-to-end blockchain-based payment system powered by XRP, and has raised $500 million from VC investors in November, valuing it at $40 billion.