XRP market cap slides from $132 billion to $117 billion between January 13 and 20

Between January 13 and January 20, XRP’s market capitalization declined from $132 billion to $117 billion, erasing about $15 billion as its price dropped nearly 7% to $1.92. Mid-term holders are reportedly selling near their cost basis around $2, while the token trades below key technical levels amid softer trading volumes and a broader pullback in the total crypto market.