Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
XRP Trading Volume Surges 158% Amid Broader Market Sell-Off
Source: CryptoNewsNet Original Title: XRP Skyrockets 158% in Volume as Market Hit With $874 Million Sell-Off Original Link: XRP has seen a surge in trading volumes even as the broader crypto market sees selling pressure in the early Monday session.
According to data, XRP trading volume rose 158% in the last 24 hours to $3.62 billion, as traders adjusted their positioning.
The XRP price is trading in the red as major cryptocurrencies fell on Monday as fears of new U.S. tariffs on European goods triggered a broader sell-off across global markets.
Crypto’s losses mirrored those seen in the equities market as the U.S. equity-index futures fell sharply in early trading, with Nasdaq 100 contracts and European futures down as tariff concerns resurfaced. However, safe haven assets, including gold and silver, surged.
Liquidations rose in the last 24 hours following the sell-off, with nearly $878 million in crypto positions wiped out, with long positions accounting for the majority.
Digital assets had seen a promising start to the year, after ending 2025 in a malaise following the inability to sustain a recovery from the massive sell-off last October.
XRP Price Action
XRP saw a sharp drop early Monday, reaching a low of $1.85 before it slightly rebounded.
At press time, XRP was still sustaining daily losses, down 4.1% in the last 24 hours to $1.97. XRP has marked 12 out of 13 days in losses since Jan. 5 amid continued profit-taking.
This follows a strong start to the year, with a five-day surge for XRP reaching $2.41 on Jan. 5. XRP has nearly reversed its run at the year’s start, as it approached the Jan. 1 low of $1.82 in today’s trading session.
The $2 level remains crucial to watch now for XRP price action, as a return above this level might allow XRP to regain bullish momentum.