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XRP dips amid Trump’s hawkish Iran remarks; whale withdrawals hit $592M, Gemini burns $128M RLUSD.

Market News
02 Apr 2026
FXEmpire
View Source
Bearish
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XRP prices fell between $1.30 and $1.36 following President Trump's hawkish speech on US-Iran tensions, which triggered a broader crypto market sell-off and over $300 million in liquidations. Large XRP holders withdrew nearly $592 million from Binance and Coinbase in late March, signaling potential accumulation. Meanwhile, Gemini burned $128 million worth of RLUSD stablecoins on the XRP Ledger, reducing supply and indicating active liquidity management. The geopolitical risks and upcoming US jobs data suggest continued volatility for XRP and the crypto market.

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