Chirpley USD Price & Performance (CHRPUSD)

XRP's value dropped by 16% recently, reflecting broader market pressures following new tariffs imposed by President Trump. The cryptocurrency, along with others like Bitcoin and Ethereum, experienced significant sell-offs. XRP bulls are focused on defending key support levels to prevent further declines, while liquidations highlight the market's bearish sentiment.12

President Trump's announcement of a U.S. Crypto Strategic Reserve initially caused a spike in cryptocurrency prices, including Bitcoin and XRP. However, the rally was short-lived as markets corrected. The inclusion of altcoins like XRP in the reserve has faced mixed reactions, with critics questioning their viability as reserve assets.34

Trump's Strategic Bitcoin Reserve excludes altcoins like XRP, sparking disappointment in the crypto community. Despite this, XRP has shown resilience, with traders favoring long-term bullish bets. Meanwhile, the market awaits regulatory updates from a White House summit, which could influence broader cryptocurrency sentiment.56