XRP Struggles As Geopolitical Tensions Spur Risk-Off Sentiment: Ripple Continues To Mint RLUDS Stablecoin In Hordes
Posted On June 23, 2025
XRP (CRYPTO: XRP) plunged to a 10-week low Sunday as the cryptocurrency market broke into a sweat over rising tensions in the Middle East.
What happened: The payment-focused coin plunged to an intraday low of $1.91, a level last seen on April 9. Trading volume bumped 64% to $5 billion, indicating high selling pressure.
XRP fell alongside the broader market retreat as the U.S. involvement in the Iran-Israel war triggered risk-off sentiment, with investors fearing a larger conflict and a rise in oil prices.
Interestingly, the Commodity Channel Index, which measures the difference between the current price and the historical average price, was negative as of this writing, according to TradingView, signaling an …
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