XRP sheds $7 billion in market value as price drops to $1.75 by January 30

Between the morning of January 29 and January 30, XRP recorded the steepest relative decline among major cryptocurrencies, falling 7% in 24 hours and 8.41% over the week as its price reached $1.75. Over the same period, its market capitalization slid from $114 billion to $107 billion, erasing about $7 billion in value amid a broader crypto downturn and cross‑market risk‑asset sell‑offs.