XRP Drops Below $1.30 Amid Broader Crypto Market Pressure
XRP has fallen roughly 6% in the past 24 hours, briefly breaking below the $1.30 psychological support level.
XRP has fallen roughly 6% in the past 24 hours, briefly breaking below the $1.30 psychological support level. XRP (XRP) is trading at $1.31. This is an original Token Times brief based on reporting by CaptainAltcoin, with live market data added, as of Thu, 15 Oct 2026 08:15:01 UTC.
The drop below $1.30 is significant as it represents a key psychological support level, and the broader market selloff suggests investors are reacting to macroeconomic factors like inflation and interest rates.
- XRP price fell 6% in 24 hours, extending recent losses.
- Key support at $1.30 breached amid broader crypto market decline.
- Inflation data and interest rate concerns weigh on risk assets.
XRP has experienced a significant decline, falling roughly 6% over the past 24 hours, according to CaptainAltcoin. This drop has pushed the cryptocurrency below the key psychological support level of $1.30.
The broader crypto market is also under pressure, with the total market cap dropping to $2.78 trillion. 
Bitcoin, the largest cryptocurrency by market cap, has fallen by 3.09% in the same period.
The decline in XRP and the broader market comes after the release of U.S. inflation data that was higher than expected. This has led to concerns that interest rates will remain elevated for longer, which strengthens the dollar and reduces appetite for riskier assets like cryptocurrencies.
XRP's market cap now stands at $82.51 billion, with the coin trading at $1.31 as of the latest data. The 7-day performance shows a more pronounced decline of 6.75%, indicating a sustained period of selling pressure.
The Fear & Greed Index remains at 53, which is considered Neutral, suggesting that while there is some caution, the market has not yet entered a state of extreme fear.
Since this brief published about 2 hours ago, XRP (XRP) has moved from $1.31 to $1.31 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹136.9 (about $1.31), down 5.4% over 24 hours. The rupee itself trades about 9.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP Drops Below $1.30 Amid Broader Crypto Market Pressure — questions & answers
Why did XRP drop below $1.30?
XRP dropped due to broader market pressure from higher-than-expected U.S. inflation data, which can lead to prolonged higher interest rates and a stronger dollar.
What is the significance of the $1.30 level?
The $1.30 level is a key psychological support level, and its breach could indicate further downside potential for XRP.
How does inflation affect crypto prices?
Higher inflation can lead to higher interest rates, which strengthens the dollar and reduces demand for riskier assets like cryptocurrencies.
How much is 1 XRP worth in rupee today?
About ₹136.9 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.31. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.