XRP Price Drops 6% Amid Bitcoin Breakdown and Market Downtrend

The cryptocurrency market faces increased selling pressure as XRP (Ripple) records a sharp 6% decline. This drop coincides with Bitcoin (BTC) falling below a crucial support level, exacerbating the bearish trend across the digital asset sector. The movement of Bitcoin, often a market bellwether, has triggered wider losses, with XRP among the altcoins significantly impacted. Analysts are monitoring key support zones for both assets as the downturn worsens, highlighting heightened volatility and risk in the current trading environment. Traders are advised to exercise caution and watch for potential further breakdowns or consolidation patterns.