XRP has shed nearly $19 billion in value over the past week as sellers overpowered ETF-driven optimism. The token fell 5.83% to $2.75 on Sept. 25 after a heavy-volume rejection at $2.80, marking a decisive break below the $3.00 psychological level.
While SEC approval of the first U.S. XRP ETF initially boosted sentiment, Powell’s warnings on stretched valuations and rising Treasury yields have capped enthusiasm. Whale flows exceeding $800 million in recent days further pressured markets, adding to a “sell-the-news” narrative. Traders are watching whether $2.75 support can hold into the Asia session or give way to a slide toward $2.70.
