XRP Sheds 7% on $437M Sell Spike as $1B Liquidations Hit Crypto Market

XRP, the digital asset associated with the Ripple network, experienced a significant decline, shedding 7% of its value due to a sharp sell-off that amounted to $437 million. This downturn was further exacerbated by a broader trend in the cryptocurrency market, where liquidations reached a staggering total of $1 billion, causing widespread volatility and uncertainty among investors. As a result, market participants are on high alert, closely monitoring developments that may impact the value of cryptocurrencies and their overall stability in the financial landscape. source: https://www.coindesk.com/markets/2025/08/15/xrp-sheds-7-on-usd437m-sell-spike-as-usd1b-liquidations-hit-crypto-market