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Adewale Olarinde

XRP rebounds 24% on 6 February after 19.64% drop as volatility drives post-crash trading

On 5 February, XRP slumped 19.64% to $1.21 in a sharp, high-volume sell-off that mirrored a broader market decline. On 6 February, the token then jumped over 24% intraday to around $1.50, with elevated trading activity suggesting aggressive repositioning rather than a calm recovery. Despite the bounce, sentiment near 78% and ongoing volatility indicate unstable price conditions, even as Bitcoin trades back near $70,000.