Crypto market crashes erasing $220B as Israel strikes Gaza with ETH and XRP leading weekend losses
Ethereum and XRP just fell off a cliff in weekend trading, Bitcoin barely flinched, and the timing might matter
Crypto has a habit of saving its worst moves for the hours when people are least prepared to deal with them.
That was the vibe on Saturday, when Ethereum and XRP dropped hard in a short burst, right as weekend liquidity was already thin.
Around 3 PM GMT on Saturday, XRP was down about 7.98%, ETH was down about 5.66%, and Bitcoin was comparatively steady with a smaller drawdown of around 3%.
Four hours later, Ethereum wicked sharply down by as much as 18% to touch $2,250, while Bitcoin fell below $80,000 to brush $75,600, and XRP dropped to $1.58.
Interestingly, all three…
