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XRP hits lowest weekly close in nearly two years, down 44% YTD amid market and regulatory challenges.

Market News
10 Aug 2026
CryptoTicker
View Source
Bearish
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XRP closed the week at $1.09, its lowest weekly close in almost two years, and has continued sliding to around $1.03, down 3.47% over the past week and 43.94% year-to-date. This decline contrasts with gains in nearly all other major cryptocurrencies, highlighting XRP's unique struggles tied to stalled US regulatory progress and heavy speculative trading. The key support level is $1.00, with a Senate decision on the CLARITY Act and Bitcoin's price recovery critical for XRP's future direction. Without positive developments, XRP may consolidate near $1.00 or test lower levels amid broader crypto market weakness.

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