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XRP price drops below $1 amid crypto bear market and regulatory delays in the US.

Market News
13 Aug 2026, 14:27 WIB
Finbold
View Source
Bearish
XRP price drops below $1 amid crypto bear market and regulatory delays in the US.

XRP's price fell below the key $1 support level for the first time since November 2024, hitting a new bear market low of $0.9952 amid a broader crypto downturn. The decline is linked to delays in the US Senate passing the CLARITY Act, which would provide clearer regulations for cryptocurrencies. Despite bearish trends, some accumulation by large holders and derivatives buyers suggests potential for reversal if XRP can close above $1.16. Traders predict a 45% chance XRP could fall to $0.80 and a 20% chance it might drop to $0.60, with less than 10% chance of reaching its all-time high by 2026.

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