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The main cryptocurrencies have plunged at the bottom of several months today, while investors sold digital assets in the midst of broader market problems. XRP fell to $ 1.65, Bitcoin dropped to $ 74,100 and Ethereum crashed at $ 1,390 in what analysts call a significant market correction.
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XRP loses 20% in a single day
According to market data, Xrp lived its worst day of negotiation since November 2024, from $ 2.11 to $ 2.11 to $ 1.65. This sudden drop is part of a larger sale affecting the entire cryptocurrency sector.
The largest cryptocurrency by market capitalization, Bitcoin, has also undergone steep losses, reaching $ 74,000 – a five -month below. It seems even more disastrous for holders of EthereumWho has seen their investment decrease by 60% in the last 90 days, which has brought prices to the prior level of 2023.
Market veterans indicate the previous recovery
While fear is spreading among new investors, some cryptocurrency observers call for calm by mentioning previous market slowdowns that have finally translated as record earnings.
Remember the crash coche in 2020… $ BTC was $ 3,850 $ ETh was $ 100$ XRP was $ 0.11…
And all these projects have continued to create millionaires in the coming years!
In the event of a crisis, you can follow the masses or go against the Eten. pic.twitter.com/rzgsoetkkb
– Good Morning Crypto (@absgmcrypto) April 7, 2025
The host of Good Morning Crypto Abdullah Nassif put the subscribers in perspective by reminding them of the CROV-19 2019 market crash. According to his declarations, Bitcoin fell as low as $ 3,850 at the time, Ethereum selling as low as $ 100 and XRP falling at a minimum of $ 0.10.
The rebound of these stockings was significant. Bitcoin Subsequently, reached $ 69,000 in 2021 and $ 110,000 at its last high level – gains of 1,700% and 2,750% respectively at the level of 2019. This would mean that an investor which brought in $ 40,000 in Bitcoin in the 2019 crash could have increased its assets to more than a million dollars by January 2025.
Optimism despite the sale
Some market players feel downward trend is a short -term affair and could bring with it the type of purchase opportunities observed during slowdowns in the past market. According to some analysts, although investment during the market stress is a courageous step, past experience suggests that such investments often pay dividends.
Market observers have hypothesized that if XRP had to reflect its historic increase of 30 times compared to current levels, investors who have around 22,500 XRP tokens (currently estimated at around $ 40,000) can see their positions reach $ 1 million. If we do a quick calculation, it would mean that XRP should have a price of $ 50 per token to reach the millions of dollars.
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Similar model observed with XRP
XRP has followed a comparable trajectory since its minimum of March 2020 of $ 0.11, despite the fact in front of legal challenges of the Securities and Exchange Commission. The token reached $ 1.96 in 2021 and $ 3.40 in the current market cycle.
These figures represent about 30 times growth compared to the bottom of 2020. According to the analysis, anyone who has invested $ 40,000 in XRP during this period may have seen its investment at more than $ 1.23 million at the start of 2025.
Star image of Gemini Imagen, tradingView graphic
