XRP Price Drops Below $1 Amid Market Volatility
XRP fell between $0.91 and $0.96 on November 14, driven by Bitcoin declines and expectations of a Federal Reserve interest rate hike.
The cryptocurrency XRP experienced a significant price drop on November 14, 2026, falling below the $1 support level to trade between $0.91 and $0.96. This decline represents a one-day loss of approximately 6% to 10%, marking one of the asset's largest single-day percentage drops since February.
The crash is attributed to broader market trends, including a decline in Bitcoin prices and rising expectations that the Federal Reserve System will implement an interest rate hike on December 9. These factors have driven investors away from non-yielding assets. The sell-off was further accelerated by $1.23 billion in leveraged cryptocurrency liquidations.
Institutional movement also contributed to the downward pressure, with $19.1 million in net outflows from U.S. spot XRP funds recorded between November 9 and 13. While XRP has lost roughly 28% of its value over the last 30 days, analysts indicate the decline is driven by these market-wide factors rather than news specific to Ripple.
