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XRP nears $1 amid heavy sell-off driven by Bitcoin slump and inflation fears.

Market News
26 Jun 2026
Finbold
View Source
Bearish
pluang ai news

XRP is approaching a critical support level near $1 after a nearly 9% drop this week, triggered by a broad crypto market sell-off and heavy liquidations. Bitcoin's fall to a yearly low around $58,000 and rising U.S. inflation data have intensified selling pressure, making XRP the biggest loser among top cryptocurrencies in the last 24 hours. On-chain data shows XRP is testing a key volume block at $1.06, with a break below this level potentially leading to further declines. The outlook for XRP largely depends on Bitcoin's ability to stabilize and slow institutional outflows, which could ease pressure on altcoins.

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