Here’s How Much XRP Price Has Dropped Since the ‘Crypto President’ Took Office

An analyst has highlighted the sharp downturn across digital assets, including XRP, since the inauguration of Trump, the Crypto President

Notably, XRP was among the weaker performers among large-cap assets, declining 42% over the period, ChiefraT noted. However, the data also showed that XRP was not the only asset to suffer a significant downturn.

Bitcoin has fallen 18%, Ethereum is down 10%, and Solana has dropped 52%, highlighting widespread market pressure.

XRP Performance Post-Trump Inauguration

For context, optimism surged throughout the crypto community following Donald Trump’s re-election in November 2024. During his campaign, Trump outlined several pro-crypto initiatives, including more favorable regulations and the creation of a national crypto reserve and digital asset stockpile. These efforts later earned him the title “Crypto President.”

As a result, his re-election initially triggered a sharp rally in crypto prices. In particular, XRP, which traded near $0.50 before the November 5 election, surged to $2.50 within weeks, and later climbed to $3.34 on Trump’s Inauguration Day on January 20, 2025.

Most of its rally stemmed from the resolution of the Ripple case under the leadership of the SEC appointed by President Trump. Although the Second Circuit formally dismissed the case appeal in August 2025, XRP had already climbed to a multi-year high of $3.65 on July 18.

How Much XRP Has Dropped Since January 20

However, since January 20, when Trump was inaugurated, XRP has suffered a steep reversal. At its current price of $1.83, the token is down 45.20% from its January 20 peak of $3.34.

Many crypto traders have since pointed to Trump’s policies, particularly his aggressive trade war with China, as a major contributor to the market downturn. In one notable episode on October 10, XRP lost $1.27 of its value, collapsing from $2.80 to $1.53 in one day.

That development led to the largest liquidation event on record for XRP futures traders, with more than $700 million in leveraged positions wiped out.

Beyond the trade war, several other forces have weighed on XRP and the broader crypto market.

Excessive leveraged positions have amplified sell-offs, while macroeconomic developments, such as Japan’s recent interest rate hike, have further pressured risk assets.

Yet, Optimism Remains High

Nonetheless, market optimism remains strong, with many investors expecting a rebound in the near term. For XRP in particular, supporters argue that rising demand for spot XRP ETFs could serve as a major catalyst, mirroring the impact of spot Bitcoin ETFs on BTC’s price.

Notably, spot XRP ETFs have recorded consistent inflows since November 14. Specifically, five XRP spot ETFs are actively trading in the U.S., attracting a combined $1.06 billion in cumulative inflows. These products now hold $1.14 billion in net assets, supporting expectations of upside momentum for XRP.