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

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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Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

Russia's MOEX adds XRP to crypto perpetual futures, expanding regulated crypto derivatives market.

Russia's Moscow Exchange (MOEX) will launch perpetual futures contracts for XRP alongside Bitcoin, Ethereum, Solana, and TRON on September 22. These contracts, quoted in USD but settled in Russian rubles, allow qualified investors to gain price expos...

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