Cryptocurrency CoinDesk 2d ago

XRP plunges 6% as bitcoin drops under support, worsening downtrend

Market Intelligence Analysis

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Why This Matters

XRP has declined by 6% following a broad risk-off move in the crypto market, with bitcoin dropping below support levels, exacerbating the downtrend.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

XRP fell alongside a broad risk-off move in crypto that pressured majors and high-beta tokens alike.

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Original article published by CoinDesk on February 3, 2026.
Analysis and insights provided by AnalystMarkets AI.