XRP Price Slips Below $2 as Liquidations Hit Overexposed Traders

XRP dropped below $2 during the Monday morning trading session across Europe after a wave of forced liquidations hit leveraged traders, wiping out over $40M in the past 24 hours. The XRP price is now sitting at $1.97, but has a fight on its hands to reclaim the crucial $2 level. The token slid to around $1.95 before finding a shaky bounce, leaving many traders underwater. This move fits a familiar 2025 pattern where leverage, not bad news, drives sharp XRP swings. The break below $2 matters because it t ...