XRP Price dives 17%. Crypto likely to underperform market in 2025, analyst says.

XRP, one of the largest cryptocurrencies, fell sharply on Friday, continuing its downward momentum after the Federal Reserve hinted at fewer interest rate cuts next year. XRP is down 17% over the past 24 hours to last trade at $1.98, according to CoinDesk data. The token has been one of the biggest winners since the election, and its gains have weakened it against other cryptocurrencies such as Bitcoin Ethereum and Solana. All major cryptos fell, as did XRP, on Friday.