As War Heats Up, Crypto Markets Cool Down
The crypto market was also affected by the global risk-off wave on Monday (March 2nd). Ripple (XRP) remained under pressure and held near the bottom, as investors tended to reduce risky assets amid rising geopolitical tensions and rising energy volatility.
XRP was trading around $1.34 (down around 3.6% today), with a daily range of $1.34–$1.40.
The pressure on XRP emerged after a weekend sell-off that briefly dragged the price to a low, then rebounded temporarily—but the recovery appeared fragile as the market still believed the escalating conflict could suppress risk appetite for longer. Several analysts also highlighted increasing signals of a "risk-off move" that could trigger further sell-offs in altcoins.
It wasn't just XRP: Bitcoin (BTC) fell to around $65,414 (-2.4% daily), while Ethereum (ETH) was around $1,926.81 (-4.1% daily). Solana (SOL) also weakened to $83.01.
The big picture: when the market enters defensive mode, crypto tends to be treated as a risk asset—not a safe haven. So as long as geopolitical headlines and energy surges remain the main themes, crypto's recovery room could remain limited, and movements will be heavily headline-driven.
Source: Newsmaker.id
