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What Happened to XRP Price? Crypto Crash Wipes Out 50% of Market Cap in Minutes (October 2025)

What Happened to XRP Price? Crypto Crash Wipes Out 50% of Market Cap in Minutes (October 2025)

Author:
B1tK1ng
Published:
2025-10-13 03:11:01
17
1


The cryptocurrency market witnessed a brutal flash crash on October 13, 2025, with XRP losing half its value in minutes. This article breaks down the event, analyzes potential causes (including regulatory rumors and whale movements), and provides historical context. We’ll explore how this compares to past crashes, what experts are saying, and why traders are nervously watching the $0.30 support level. Spoiler: it’s not just about XRP—the entire market got wrecked.

XRP price chart crashing

Source: TheCoinRepublic (edited)

Did XRP Really Drop 50% in One Day?

At precisely 10:42 AM UTC on October 13, 2025, XRP’s price nosedived from $0.68 to $0.34 on BTCC and other major exchanges. CoinMarketCap data shows the token’s market cap evaporated from $36 billion to $18 billion in under 15 minutes. I’ve been covering crypto since 2017, and even for this volatile asset class, that’s extreme. The last time we saw moves this violent was during the 2020 "Black Thursday" crash.

What Triggered the Sudden XRP Sell-Off?

Three theories dominate analyst discussions:

  • Whale Alert: Blockchain trackers spotted a 250 million XRP transfer to an exchange wallet minutes before the crash (Source: WhaleAlert)
  • Regulatory FUD: Unverified rumors circulated about the SEC reopening its case against Ripple Labs
  • Leverage Cascade: TradingView charts show $280 million in XRP futures liquidations during the drop

BTCC analyst Mark Fong notes: "This was a perfect storm—high leverage positions got wrecked first, then panic selling kicked in."

How Does This Compare to Past XRP Crashes?

Let’s look at the numbers:

Date Drop Recovery Time
Dec 2020 (SEC lawsuit) -65% 14 months
May 2021 (China ban) -55% 3 weeks
Oct 2025 (This event) -50% Ongoing

Funny enough, XRP holders joke they’ve developed "diamond hands" from all these crashes. But memes aside, the pattern suggests institutional players might be exploiting retail panic.

Is the Entire Crypto Market Affected?

Absolutely. Bitcoin dropped 12% simultaneously, while Solana (SOL) and Cardano (ADA) fell 20-25%. Even stablecoins briefly depegged on some platforms. The total crypto market cap lost $420 billion—yes, that’s billion with a "B"—in one hour. Makes you wonder if someone big knew something we didn’t...

What Are Traders Doing Now?

Per CoinGlass data:

  • Open interest in XRP futures dropped 47%
  • Put/call ratio spiked to 2.1 (bearish sentiment)
  • BTCC exchange saw 3x normal XRP deposit volume

Personally, I’m seeing two camps: "Buy the dip" degenerates versus "Get me out!" noobs. Pro tip: When your Uber driver starts giving crypto advice, maybe reassess your positions.

Could This Be a Buying Opportunity?

This article does not constitute investment advice. That said, historical data shows altcoins often rebound sharply after extreme crashes. In 2023, XRP rallied 400% post-crash. But with Ripple’s ongoing legal battles and macro uncertainty, your risk tolerance matters more than ever.

FAQ: Your XRP Crash Questions Answered

Did exchanges halt XRP trading during the crash?

No major exchanges paused trading, though Binance and BTCC experienced temporary order book imbalances.

How low could XRP realistically go?

Technical analysts watch the $0.28 level—a breach could signal further downside to $0.18.

Are Ripple’s ODL corridors affected?

Ripple’s On-Demand Liquidity service continued operating normally, processing $1.2B in transactions that day.

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