XRP Drops to $2.90 Support as Bullish Crypto Bets Rack up $500M Liquidations

XRP has experienced a decline, falling to the critical support level of $2.90, while simultaneously, significant bullish positions within the cryptocurrency market have led to a staggering $500 million in liquidations. This situation highlights the volatility and unpredictability of digital asset trading, where optimistic investor bets have resulted in substantial financial consequences amid fluctuating market conditions. source: https://www.coindesk.com/markets/2025/10/08/xrp-drops-to-usd2-90-support-as-bullish-crypto-bets-rack-up-usd500m-liquidations