The cryptocurrency market has faced another price crash today, Monday, Dec. 1, 2025. Bitcoin (BTC) has fallen to the $86,000 price level, just days after reclaiming the $92,000 mark after its crash to $82,000 in November. Ripple’s XRP token is also following the market trend. According to CoinGecko data, XRP’s price has crashed 7% in the last 24 hours, 1.1% in the last week, 9.4% in the 14-day charts, and 18.1% over the previous month. Despite the crash, XRP has maintained a 10% rally since December 2024, a feat not many assets can boast of at the moment.
Will XRP’s Price Crash Below $2 Again?
XRP last traded below the $2 mark on Nov. 21, but reclaimed the $2 price point on Nov. 23. XRP’s dip to below $2 coincided with Bitcoin (BTC) falling to the $82,000 price level. Currently, BTC is trading at around $86,000, and there is a chance that the original cryptocurrency’s price could continue falling. BTC falling below $85,000 could lead to XRP dipping below the $2 mark.
However, there is also a chance that XRP will rebound from its current price levels. The market saw a resurgence last week after increased chances of another interest rate cut in December. According to CME FedWatch, there is an 87.4% chance of a 25 basis point interest rate cut in December 2025. Another rate cut could trigger a market-wide rally. Such a development could lead to XRP hitting $3 or more.
Also Read: 3 Reasons Why XRP Could Hit a New All-Time High In December
Given that an interest rate cut may be just around the corner, it is possible that it may be your last chance to buy XRP for a cheap rate in a long time. On the other hand, there is also a possibility that the market will not react to an interest rate cut, similar to the October rate cut.