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XRP falls 3% to $1, hitting a year-to-date low amid thin Binance trading volumes.

Market News
11 Aug 2026
Bitcoin
View Source
Bearish
pluang ai news

XRP dropped over 3% to $1, reaching its lowest level this year and extending a nearly 60% decline since January. Despite Ripple's efforts to expand in Europe and growing institutional interest, XRP's market cap fell to $62.8 billion, slipping to the sixth largest crypto asset. Thin trading volumes on Binance have raised concerns about potential market manipulation, with analysts warning of a further drop to $0.95. Retail investors remain divided, some seeing the dip as a buying opportunity while others caution about weak support levels.

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