XRP News Today: Altcoins XRP and ADA Drop 4% and 2.5% Amid Geopolitical Tensions and Market Volatility

The crypto market is experiencing a cautious phase, with altcoins such as XRP and Cardano (ADA) leading the latest round of declines. Both assets faced sharp price pullbacks on June 18 as traders pulled capital from high-risk assets in response to rising geopolitical tensions and a broader shift toward safer plays. XRP is currently trading at $2.15 after falling from an intraday high of $2.24, reflecting growing trader concerns over market volatility and altcoin exposure. ADA has seen a similar fate, dropping roughly 4 percent to trade at $0.61 after touching $0.63 earlier in the day. This price correction has echoed across other crypto majors as well, with Ethereum sliding around 2.5 percent and Shiba Inu (SHIB) also facing downside pressure.

While altcoins are clearly under strain, Bitcoin continues to display relative strength. BTC is holding above the $105,000 level with intraday lows near $103,600 and highs just below $106,900. Despite the downward pressure on broader markets, long-term Bitcoin holders appear unfazed. On-chain data shows that large wallets and institutional investors are not selling, reinforcing expectations of a potential breakout in the third quarter of 2025. Market analysts remain cautiously optimistic. If Bitcoin continues to consolidate above the $100,000 mark, many believe it could revisit its all-time high by Q3. Upcoming events such as the Federal Reserve’s rate outlook and further inflation reports will likely determine the next directional move.

The XRP and ADA price drop can be attributed to several factors converging at once. First, global markets are reacting to increased geopolitical tension, particularly in the Middle East, which has led to a sharp rise in oil prices and risk aversion among investors. Second, after several weeks of modest gains in the altcoin space, technical indicators signaled overbought conditions for both XRP and ADA. Once momentum began to slow, automated liquidations and retail selling added fuel to the fire. Lastly, macroeconomic uncertainty continues to dampen sentiment across the crypto space. While recent regulatory progress, such as the U.S. Senate’s approval of the GENIUS Act for stablecoin regulation, offers long-term optimism, traders remain hesitant in the short term.

Despite the pullback, some analysts believe that the correction in XRP and ADA might create an ideal setup for medium-term accumulation. Key support for XRP lies around $2.10, while ADA’s critical support zone is near $0.60. Holding above these levels could offer a technical base for a summer recovery, especially if Bitcoin continues to lead from the front. Meanwhile, XRP remains in the spotlight due to its potential for enterprise adoption and ongoing legal clarity. Cardano, on the other hand, continues to make strides in development and DeFi growth, even if the current price action does not reflect those fundamentals. If the overall market stabilizes and macro fears subside, traders and institutions could renew interest in XRP and ADA.

One silver lining for the crypto market is the U.S. regulatory advancement on stablecoins. The recently passed GENIUS Act has laid the foundation for structured, compliant use of stablecoins across U.S. markets. While this does not directly impact XRP or ADA in the short term, it creates a healthier environment for broader crypto adoption, especially among corporate players. In the months ahead, clearer regulation, maturing blockchain ecosystems, and Bitcoin’s growing institutional appeal could pave the way for a more resilient and less speculative crypto landscape.

The XRP and ADA price drop is a stark reminder that altcoins remain more sensitive to market swings than Bitcoin. However, their long-term use cases, technical roadmaps, and supportive investor communities continue to make them relevant assets in the broader crypto space. As the dust settles from this latest pullback, all eyes are now on Bitcoin and its ability to anchor market confidence into the third quarter. Whether altcoins like XRP and ADA follow its lead or face more turbulence will depend largely on macroeconomic signals, regulatory clarity, and investor risk appetite.