Crypto Market Volatility Results in $358 Million in Liquidations

Crypto market volatility continues to impact traders, with a total of $358 million in liquidations over the past 24 hours. XRP long traders have been particularly affected, losing $4.44 million as prices declined from $1.40 to $1.34.

The broader market weakness and increased selling pressure have made it difficult for XRP to reclaim the $1.50 level. If the current bearish momentum continues, the price could drop below $1.13, potentially leading to further losses.