By Isaac • September 2, 2026 11:10 am •
The crypto market ran into a hard risk-off turn Wednesday, and XRP was among the biggest large-cap casualties.
CoinDesk reported that solana, ether and XRP led the decline after new strikes involving Iran pushed investors toward safety. The move was not confined to crypto: rising oil prices and pressure across other risk assets made this a global-market story, not a coin-specific failure.
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XRP traded near $1.33 during the session, down more than 3%, while ether changed hands around $2,387 and solana hovered near $99. Bitcoin held up better than several major altcoins but remained under pressure near $77,000.
That order matters. When geopolitical stress hits, traders often sell the more volatile parts of a portfolio first.
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