---
title: "Bitcoin Dips Below $25K, Ripple (XRP) Plummets 5% Daily as Market Pulls Back"
url: https://diffcoin.com/bitcoin-dips-below-25k-ripple-xrp-plummets-5-daily-as-market-pulls-back/
description: "Bitcoin now trades at its lowest price in nearly three months."
published: 2023-09-11
updated: 2023-09-11
author: "Mila"
site: "Diffcoin"
---

# Bitcoin Dips Below $25K, Ripple (XRP) Plummets 5% Daily as Market Pulls Back

Bitcoin slid to $25,000 on Monday, after a period of flat trading over the weekend at roughly $25,800.

Other digital assets followed suit, with XRP down 6% on the day to just $0.47.

- The drop marks Bitcoin’s lowest price level since mid-June when the asset reeled from back-to-back U.S. government lawsuits against two of the world’s largest crypto exchanges, Coinbase and Binance.
- The asset rallied when BlackRock filed for a Bitcoin spot ETF days later, and again when Grayscale won its lawsuit against the SEC in August, though excitement around both events appears to have faded.
- Likewise, XRP has now lost all gains made since Ripple bested the SEC in court, with the asset now trading for the same price it did on July 12 – a day before the ruling.
- According to CoinGlass, over $150 million in crypto trades have been liquidated over the past 24 hours, including over 41,000 traders.
- The largest single liquidation was on a BTC/USD trade for $8.96 million.
- Telegram’s Toncoin (TON) also slid by 6.5% to just $1.63, its lowest price since last month.

Bitcoin / USD. Source: TradingView

SPECIAL OFFER (Sponsored)  
  **Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month**  (terms).

**PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.**

[Source link](https://cryptopotato.com/bitcoin-dips-below-25k-ripple-xrp-plummets-5-daily-as-market-pulls-back/)