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Ripple's XRP drops 4.52% to $1.48 amid significant short-term sell-offs.

Market News
29 Sep 2026
Tokenpost
View Source
Bearish
Ripple's XRP drops 4.52% to $1.48 amid significant short-term sell-offs.

Ripple's XRP token fell sharply by 4.52% within four hours to $1.48 on September 29, extending a recent decline. The drop included notable long liquidations totaling $240,000 on major exchanges like Binance, Bybit, and OKX, while short liquidations were much smaller at $20,000. XRP remains the fifth largest cryptocurrency by market capitalization at around $93.3 billion. This decline highlights increased selling pressure and market volatility for XRP in the short term.

Following the recent sharp drop in XRP, the token continues to show some downward pressure on Pluang. As of September 30, 2026, 01:22 WIB, XRP trades at Rp26,800 with a 1-day change of -1.54%. The market cap stands at Rp1.678,61 trillion, and trading volume over 24 hours is Rp84,59 trillion, with most Pluang users holding XRP for an average of 71 days.

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