XRP Skyrockets 158% in Volume as Market Hit With $874 Million Sell-Off

utoday01-19

XRP has seen a surge in trading volumes even as the broader crypto market sees selling pressure in the early Monday session.According to CoinMarketCap data, XRP trading volume rose 158% in the last 24...

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However, safe haven assets, including gold and silver, surged.Liquidations rose in the last 24 hours following the sell-off, with nearly $878 million in crypto positions wiped out, according to CoinGlass data, with long positions accounting for the majority.Digital assets had seen a promising start to the year, after ending 2025 in a malaise following the inability to sustain a recovery from the massive sell-off last October.XRP price actionXRP saw a sharp drop on Coinbase early Monday, reaching a low of $1.85 before it slightly rebounded.At press time, XRP was still sustaining daily losses, down 4.1% in the last 24 hours to $1.97. XRP has marked 12 out of 13 days in losses since Jan. 5 amid continued profit-taking.This follows a strong start to the year, with a five-day surge for XRP reaching $2.41 on Jan. 5. XRP has nearly reversed its run at the year's start, as it approached the Jan. 1 low of $1.82 in today's trading session.The $2 level remains crucial to watch now for XRP price action, as a return above this level might allow XRP to regain bullish momentum.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2604135778","isCrawlerRequest":true}