XRP Meltdown: One Tiny Word, 8% Drop, and a Whole Lot of Chaos 😱

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So here we are, folks. XRP—yes, that cryptocurrency everyone pretends to understand—just dropped 8% in minutes. I mean, really? Who saw that coming?

“Wrong”

Alright, listen up. XRP somehow shot up to $2 on Binance after Walter Bloomberg—yeah, that guy on his trendy X account—got everyone buzzing about the White House considering a 90-day tariff pause. Sounds like a dream, right? Well, guess reality had other plans.

The tweet went viral faster than you can say “I told you so,” and CNBC jumped in like a deer in the headlights. Stocks and cryptos were riding high… until someone hit the brakes. Turns out, Kevin Hassett never mentioned any tariff pause during his Fox News appearance. Come on, give me a break! 🙄

“Wrong.” Really, how hard is it to get your facts in order?

“Wrong. Not only did Director Hassett not say this (clip below), @POTUS has been clear — ‘it all has to change, but especially with CHINA!!!’ 🤯”

— Rapid Response 47 (@RapidResponse47) April 7, 2025

Then XRP, acting like it’s allergic to happiness, plummeted back to $1.85, erasing its fleeting flirtation with $2. And don’t even get me started on Bitcoin—it had its own meltdown, but XRP took the brunt of this circus.

“Seems like it originated on twitter

CNBC saw it, said they couldn’t verify it but put the headline on the screen anyways

Reuters then flashed it citing CNBC

Cinema “

— db (@tier10k) April 7, 2025

Earlier today, XRP dived even further—to $1.65—amid a global market sell-off. Seriously, it’s like watching a train wreck in slow motion.

According to CoinGlass data, roughly $82 million worth of XRP tokens got liquidated over the last 24 hours. And if you’re into long positions, they got hammered with a $62 million wipeout. What a mess, right? 🙃

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2025-04-07 18:13