XRP Tumbles Below Critical Support Level Amid US-Iran Conflict

XRP's price suffered a significant downturn after the US military launched strikes on Iranian targets near the Strait of Hormuz.

The event led to nearly $1 billion in forced liquidations across the crypto market, with XRP experiencing a 3.6% drop amidst heavy trading volume.

The breaking of the $1.30 support level signals potential further declines to $1.10 if bearish momentum continues.