Financial markets in turmoil: $XRP is in danger of falling to 1 dollar!

Financial markets in turmoil: $XRP is in danger of falling to 1 dollar!

On July 8, 2025, uncertainty on the financial markets increased significantly, which was triggered, among other things, by new trade tariffs from Donald Trump. This situation has made investors nervous and is leading to a withdrawal of risk capital from speculative markets, especially cryptocurrencies. However, the Bitcoin price remains stable above the $108,000 mark. In contrast, $XRP, one of the most prominent altcoins, has been significantly more affected and has underperformed compared to Bitcoin since the surge following Trump's election victory in November 2024, as Wall Street Online reported.

The current market situation for $XRP is tense. Ripple sells large amounts of the token monthly, increasing the supply and putting additional pressure on the price. The price of $XRP has fallen by more than 30% since the yearly high and is currently at $2.26. The EMA 200 moving average shows a final important support level at $2.11. If this support falls, the price could even fall to $1.

Hope for institutional demand

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Risks in crypto trading