XRP has suffered a significant market cap loss of $6 billion amid a broader cryptocurrency market downturn. The digital asset fell over 4% in the past 24 hours, trading at $2.18, down from $2.28. This decline is part of a widespread sell-off affecting various digital currencies. According to CoinMarketCap data as of May 30, XRP's market capitalization decreased from approximately $134–135 billion to $128.21 billion in a single day. Over the past week, XRP's market cap has dropped by $15 billion, despite a 320% increase over the last year. Traders are closely watching support levels around $2.10–$2.15 and resistance near $2.30, as the asset's future stability may hinge on broader market sentiment and macroeconomic conditions.