Plummet of Ripple's XRP to Lowest in 3.5 Months: The Reasons Behind

The cryptocurrency market saw a significant crash, with Bitcoin leading the way. Ripple's XRP was not exempt, falling to $1.70, a low not seen since early October. Initially, XRP showed promising growth in the first week of 2026 when the market showed signs of recovery and inflows towards XRP ETFs were steady. However, the tide changed over the past few weeks due to growing geopolitical uncertainties, particularly between the US and Iran. This has resulted in a market-wide crash causing many altcoins to fall by 8% or more. The second reason for XRP's crash could be poor performance of ETFs, which recorded their worst single-day net-flow since Canary Capital's XRPC launched in mid-November. As long as XRP remains below $1.82, traders should expect further erratic movement.