The crypto market suffered a devastating $19 billion wipeout as XRP and Bitcoin (BTC) were caught in a brutal sell-off that shocked traders worldwide. Within minutes, XRP wiped out over 50% of its value, dropping down to $0.77 before partially rebounding, marking one of its steepest intraday losses in history. While early reports blamed political tensions following US President Donald Trump’s sudden tariff on Chinese imports , data now suggests that the crash was amplified by a major glitch in Binance’s internal pricing system, and other contributing technical factors.
Catalysts Behind The XRP Price Crash And Crypto And Bitcoin Meltdown
Between October 10 and 11, XRP experienced a violent flash crash on Binance , plunging over 54% in a single 30-minute candl