XRP price plunges 23% as bitcoin rout bites; traders eye next U.S. data hits
XRP plunged 23% to near $1.15 in volatile after-hours trading, with volume hitting $10.3 billion, according to CoinMarketCap. Bitcoin fell 12.6% to $63,525, while ether dropped over 13% to $1,854, as nearly $1 billion in bitcoin positions were liquidated in 24 hours. Global stocks also declined, with investors shifting to U.S. Treasuries after weak labor data. Key U.S. inflation and jobs reports are due next week.