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XRP News Today: XRP Slips to $1.48 as Bitget Hacker Moves $83M in Stolen XRP

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xrp2 (1)

Last Updated: September 28, 2026

XRP traded near $1.48 on September 28, down 3.50% over 24 hours, as the wider market fell on rising Treasury yields and stalled US-Iran talks. Two XRP-specific stories sat on top of that: the Bitget hacker moved about $83 million in stolen XRP out of three wallets, and the XRP Ledger Batch upgrade will not go live on September 29 as planned.

Key Takeaways

XRP trades near $1.48, down 3.50% over 24 hours and up 0.41% over seven days, according to CoinMarketCap. That erases the gain from last week’s run above $1.60.

The Bitget hacker moved about $83 million in stolen XRP from three holding wallets, and roughly $75 million sits in accounts that cannot be frozen under XRP Ledger rules, CoinDesk reported. Bitget says its protection fund covers the loss and customer balances are unaffected.

Bitget raised its estimate of the total theft to $387.5 million on Friday. XRP withdrawals on the exchange return in the final batch, scheduled for October 2.

The XRPL BatchV1_1 amendment missed its September 29 target after validator support briefly fell below the 80% threshold and reset the two-week clock. With 30 of 35 trusted validators back on board since September 25, the earliest activation is now October 9 at about 14:46 UTC.

Bitcoin fell 2.15% to $82,959 as the 10-year Treasury yield rose above 5%, its highest level since 2007, and President Trump rejected Iran’s seven-day proposal to reopen the Strait of Hormuz. August PCE inflation data and the September jobs report arrive this week.

XRP Market Overview

MetricValue
Price$1.48
24h Change-3.50%
7d Change+0.41%
Market Cap~$93.15 billion
24h Volume~$3.61 billion
Circulating Supply62.87 billion XRP

Data sourced from CoinMarketCap, morning of September 28 (UTC).

XRP News Today: Price Analysis

XRP fell more than Bitcoin (2.15%) and Ethereum (2.30%) over the same 24 hours. The gap is small, and price data alone cannot separate the Bitget headlines from the broader selloff, which BeInCrypto linked to about $209 million in long liquidations and traders cutting risk ahead of this week’s inflation data.

The Bitget story matters to XRP holders for a structural reason. Exchanges can restrict accounts that receive stolen tokens, but Ripple cannot block transfers from wallets the attacker controls, so the roughly $75 million still parked in those accounts is out of reach of a freeze. The $83 million that has moved equals about 2% of XRP’s trading volume over the last 24 hours, so a sale of the full amount would be small next to daily turnover.

The Batch delay changes the timing, not the feature. The amendment replaces an earlier version that developers withdrew after a critical signature-checking flaw, and it would let developers bundle related transactions so they settle together or fail together. XRPL rules require support from more than 80% of trusted validators for two consecutive weeks, so even a short dip wipes out the accumulated countdown. Support now stands at 30 of 35, above the 28-vote threshold.

Support and Resistance Levels

Level TypePrice
Immediate Resistance$1.55
Key Resistance$1.60
Immediate Support$1.44
Key Support$1.40

Levels reflect this week’s price structure and are illustrative, not guaranteed.

Why Is XRP Trending Today?

XRP is trending on a 3.50% daily drop, the Bitget hacker’s movement of stolen XRP, and the postponed Batch activation. For the full market picture, see crypto market today, and for today’s other headlines, check crypto news today.

What This Means for the Days Ahead

Three dates frame the next two weeks. August PCE inflation data and the September jobs report will shape rate-hike odds, which BeInCrypto puts at 68% for October. Bitget restores XRP withdrawals on October 2. The Batch amendment can activate no earlier than October 9, and only if validator support stays above 80% for the full two weeks.

On the chart, XRP needs to hold $1.44 to avoid a slide toward $1.40. A move back above $1.55 would put $1.60 in play again.

See how other majors are trading today on Bitcoin News Today, Ethereum News Today, Zcash News Today, and Hedera (HBAR) News Today.

Compare Crypto Prices Today

AssetPrice Page
BitcoinBitcoin Price
EthereumEthereum Price
XRPXRP Price
SolanaSolana Price
BNBBNB Price
TRONTRON Price

Where to Buy XRP

XRP can be bought on major exchanges including Binance, Coinbase, Kraken, KuCoin, Gate.io, OKX, and Bybit. For a look at other platforms accepting crypto, see our crypto casinos guide.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile; always do your own research before investing.

Frequently Asked Questions

What is the price of XRP today?

XRP trades near $1.48 on September 28, 2026, down 3.50% over 24 hours and up 0.41% over seven days, according to CoinMarketCap. Market capitalization is about $93.15 billion on roughly $3.61 billion in daily volume. The token is back where it traded a week ago after a run above $1.60 on September 23 gave way to a pullback.

Did the Bitget hacker move stolen XRP?

Yes. CoinDesk reported that the attacker moved about $83 million in stolen XRP out of three holding wallets, while roughly $75 million remains in accounts that cannot be frozen under XRP Ledger rules. Bitget puts the total theft at $387.5 million, says its protection fund covers the loss, and plans to restore XRP withdrawals in its final batch on October 2.

When will the XRP Ledger Batch upgrade activate?

BatchV1_1 will not activate on September 29 as first expected. Validator support briefly dropped below the required 80%, which reset the two-week countdown. With 30 of 35 trusted validators supporting it again since September 25, the earliest activation is October 9 at about 14:46 UTC. Another dip below the threshold would restart the clock.

Why is XRP down today?

XRP fell 3.50% as the whole market slid. Bitcoin dropped 2.15% after the 10-year Treasury yield rose above 5% and President Trump rejected Iran’s seven-day proposal, while long positions lost about $209 million in liquidations. XRP-specific headlines came on top of that, including the Bitget hacker’s movement of stolen XRP and the delay of the Batch upgrade.

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