XRP Drops Below $2.10 as Market Weakness Pressures Altcoin Prices

Ripple’s XRP token experienced a significant drop on Wednesday, falling below the key support level of $2.10 amidst broader cryptocurrency market weakness. This decline is attributed to factors such as Bitcoin’s retreat below $90,000, reduced liquidity due to institutional activity, and accelerating ETF outflows. Analysts warn that this trend could lead to further price corrections for XRP and other altcoins.