XRP Slides 4% As Bitcoin Pulls Down Altcoins

XRP Slides 4% As Bitcoin Pulls Down Altcoins CryptoProwl Tue, June 2, 2026 at 3:21 PM GMT+2 1 min read XRP-USD BTC-USD MSTR STRC STRD The price of XRP (CRYPTO: $XRP) has declined 4% in the last 24 hours and fallen below the key support level of $1. 30 U. S.

as Bitcoin (CRYPTO: $BTC) drags down altcoins.   Analysts say XRP broke down amid heavy trading volumes on June 1 as Bitcoin fell to $69,000 U. S.

amid an accelerating selloff in the largest cryptocurrency.   More than 25 million XRP have moved off exchanges over the past week. Analysts say XRP continues to track broader crypto sentiment, showing little evidence of demand currently.

  More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A. I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket As a result, XRP dropped from $1.

31 U. S. to $1.

26 U. S. over the pas 24 hours, posting a roughly 4% decline in the process.

Trading volumes in XRP surged to 96. 26 million on June 1 amid heavy selling across cryptocurrencies.   XRP attempted a recovery toward $1.

28 U. S, but sellers quickly took control and forced the price back toward session lows. The breakdown comes as a selloff in cryptocurrencies accelerated after Strategy (NASDAQ: $MSTR) disclosed its first Bitcoin sale in four years, shaking investor confidence in crypto.

  A recovery in XRP back above $1. 30 U. S.

would improve sentiment, but until that happens traders are likely to focus on whether support near $1. 26 U. S.

can hold, say analysts.   If support breaks down further, XRP’s next major downside target would be $1. 20 U.

S.   Cryptocurrencies trade around the clock: 24 hours a day, seven days a week.