# XRP Drops Below $1

> XRP crashes below $1 as Bitcoin falls and rate hike fears intensify.
- Title: XRP Drops Below $1 · 24/7 Wall St. | Shortify
- Summary: XRP crashes below $1 as Bitcoin falls and rate hike fears intensify. XRP fell below $1 due to Bitcoin's decline, rising Fed rate hike expectations, and…
- Keywords: xrp, bitcoin, fed rate hike, liquidations, crypto crash, treasury yields, crypto market, ripple, crypto price drop, market volatility, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/11/14/why-is-xrp-crashing-below-1
- Author: Sam Daodu
- Published: 2026-11-14T19:26:25+00:00
- Read time: 1 min
- Topics: xrp, bitcoin, fed rate hike, liquidations, crypto crash, treasury yields, crypto market, ripple, crypto price drop, market volatility
## XRP Drops Below $1
XRP has recently dropped below $1, now trading around $0.96, down 6.3% in just 24 hours.
## Support Level Crumbled
XRP reached $1.04 at 13:00 UTC on November 13, 2026, but fell sharply to about $0.956.
## Bitcoin Decline Drives XRP Down
Bitcoin trades at $65,906, down 4.3% in 24 hours, below its November 13 low of $67,555.
## Rate Hike Expectations Impact XRP
Fed funds futures indicate an 88.7% chance of a quarter-point rate increase during the Federal Reserve’s December 9 meeting.
## Bond Yields Pressure XRP
The 10-year Treasury yield stood at 5.15% on November 13, creating competition for XRP.
## Forced Liquidations Accelerate Drop
$1.23 billion in leveraged cryptocurrency positions were liquidated within 24 hours, with over $1 billion from long positions.
## ETF Outflows Signal Pullback
U.S. spot XRP funds saw $19.1 million in net outflows from November 9 to 13.
## XRP Drops More Than Bitcoin
Over seven days, XRP lost 17.4% while Bitcoin dipped only 13%; in 30 days, XRP fell 28% vs Bitcoin’s 20.5%.
## Thinner Order Books Intensify Selloff
XRP’s thinner order books mean fewer buy orders at various price points, making it easier for selling pressure to drive prices down.
## SMA Signals Downward Trend
XRP’s 20-day average is $1.20, 25.1% above current price, signaling a downward trend across timeframes.
## Trading Volumes Surge
Trading volume surged to about 13 million, nearly five times the 2.6 million traded during the quieter 12:00 UTC hour.
## Key takeaway

XRP fell below $1 due to Bitcoin's decline, rising Fed rate hike expectations, and forced liquidations.