Here’s Why XRP Price Dumped Today

Crypto commentator Wendy O drew attention to one of the most disruptive market moments of the week, highlighting a report from The Kobeissi Letter on a sudden decline in major ￰1￱ following remarks from the President of the ￰2￱ remarks, focused on escalating tariff considerations against China and abandoning a potential meeting with Chinese leadership, triggered sharp sell-offs—not only in traditional markets but also across digital ￰3￱ to data from CoinMarketCap, XRP has dropped 12% in the past 24 hours and is currently trading at $2.44. BREAKING: TRUMP TARIFFS DESTROY THE STOCK AND CRYPTO MARKETS BITCOIN TO ZERO NOW WOW ￰0￱ — Wendy O (@CryptoWendyO) October 10, 2025 Impact of Presidential Trade Statements The Kobeissi Letter reported that the S&P 500 fell over seventy points within seconds of the President’s ￰4￱ the message, he signaled potential increases in tariffs on Chinese imports and stated there was “no reason” to meet President ￰5￱ comments were interpreted as a hardening stance on international ￰6￱ financial markets, such language signals possible disruptions to global supply chains, increased costs for multinational firms, and reduced investor confidence in near-term economic ￰7￱ result was rapid repositioning by both institutional and retail ￰8￱ markets reacted immediately, and the risk-off sentiment quickly crossed into the cryptocurrency ￰9￱ automated systems and derivatives markets adjusted, liquidity in major digital assets tightened.

XRP’s Decline in the Broader Market Context XRP’s 17% decline must be viewed against the backdrop of an overall market retreat triggered by macroeconomic uncertainty. Large-cap cryptocurrencies often mirror broader financial sentiment during sudden geopolitical ￰10￱ this case, capital flowed out of risk assets, with traders opting for defensive positioning rather than exposure to volatile ￰11￱ asset-specific events such as legal developments or ecosystem changes, today’s XRP price dump was ￰12￱ was no major internal update from the XRP ecosystem ; instead, its decline aligned with Bitcoin, Ethereum, and other high-liquidity tokens facing coordinated sell ￰13￱ the Market Response Wendy O’s reaction brought further attention to how digital asset traders are processing this ￰14￱ her commentary emphasized the severity of the drop, it is crucial to separate sentiment from structural ￰15￱ Kobeissi Letter provided the factual basis: an abrupt market reaction directly tied to a major political ￰16￱ voices within crypto then broadcast concern, reinforcing caution across ￰17￱ amplification effect contributes to accelerated ￰18￱ commentary, particularly from known figures, often influences short-term decisions among retail traders, which can intensify price movements already underway due to macro ￰19￱ XRP now trading at $2.32, down 17% in 24 hours, market participants are shifting their attention to forthcoming policy ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are advised to conduct thorough research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial losses.