The cryptocurrency market experienced volatility as XRP, a prominent altcoin, dropped below the $2.10 mark, according to CoinGecko data. Reaching an intraday low of $2.08, XRP has fallen by 4.5% over the past 24 hours, marking its worst performance among the top 10 cryptocurrencies. Cardano (ADA) also faced significant drops, with a 4.4% decline. Other top altcoins saw relatively milder price adjustments. Tron (TRX) remains in the red as the only top 10 coin affected by this negative trend. Meanwhile, Bitcoin experienced a less severe dip of 2%. 🧐 📈 However, Bloomberg reports that options traders are hedging against potential drops below $80,000. This follows a turbulent market influenced by ongoing global trade tensions, which led to the Nikkei’s decline of over 4% earlier this week. 👀 The recent plunge in XRP has brought its price closer to a critical horizontal support level, according to analytics tool 100eyes Crypto Scanner. 🚨 Crypto alert: [XRP-#USDT] Near Horizontal Support (1h) pic.twitter.com/tyx4PCXCfh — 100eyes Crypto Scanner 🌐 (@100eyesCrypto) March 31, 2025 The cryptocurrency’s recent price drop has reached over 14% this week and losing the crucial support level could trigger a more significant correction. Notably, XRP hasn’t dipped below the $2 level since May 11th. 📉 A decline in retail interest for XRP has been observed as its search volume hit an all-time low according to Google Trends data. This trend suggests that public engagement with the cryptocurrency remains muted despite Ripple’s recent legal victory against the SEC. The upcoming potential approval of XRP ETFs could provide a chance for a resurgence, yet it remains uncertain whether this will occur.