XRP Defends Local Bottom Despite Revelation of Crypto's Largest Near-Miss Hack

The crypto market has demonstrated resilience to technical shocks. The publication of a report on the prevention of the largest technical crisis in the industry's history , which threatened $94 billion in XRP market capitalization, did not trigger panic over the weekend. Instead of chaotic sell-offs, the spot market held local price levels, absorbing the negative news without significant price losses. The market reaction to potentially dangerous news during Sunday's trading remained muted. The XRP/USD pair is trading around $1.388, with daily fluctuations within 1% as per TradingView .