XRP hit by liquidation cascade as price slips below $2

XRP has experienced a significant downturn, leading to a dramatic liquidation cascade, as its price has fallen below the critical threshold of $2, triggering a series of forced sales and further exacerbating the decline in its market value. source: https://www.coindesk.com/markets/2026/01/19/xrp-hit-by-liquidation-cascade-as-price-slips-below-usd2