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XRP falls to $1.188 YTD low amid $14M liquidation wave and geopolitical tensions

Market News
03 Jun 2026
Bitcoin
View Source
Bearish
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On June 3, XRP dropped to a new year-to-date low of $1.188 amid a broad crypto sell-off driven by escalating U.S.-Iran military tensions. The decline triggered $14.06 million in long liquidations, overshadowing positive news like Mastercard's support for Ripple's RLUSD stablecoin. Additionally, Strategy's recent bitcoin liquidation to fund dividends raised concerns about future market impacts. XRP's price stabilized just below $1.22, with year-to-date losses nearing 34%.

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