---
title: "Why did XRP drop 1.1% on October 23, 2026?"
language: en
canonical: "https://whycoinmoves.com/en/coins/ripple/2026-10-23"
date: 2026-10-23
---

# Why did XRP drop 1.1% on October 23, 2026?

On October 23, 2026 (UTC), XRP went from about $1.31 to $1.30 (-1.09%) on OKX · USDT, trading between $1.28 and $1.33. For the closed-hour 24h window: XRP largely moved with the market. XRP fell further than this on 9 of the past 29 days. No XRP report was published here that day; the cause is unresolved.

- Day open / close: $1.31 → $1.30 (24 hourly candles, OKX · USDT)
- Day range: $1.28 – $1.33
- Versus Bitcoin: -1.09% / BTC -0.28%; -0.7 pts left after BTC × its hourly beta 1.45
- Versus the past month: 9 of the past 29 days fell further; Closed-hour 24h move -1.09%, 0.7× its prior 30-day median of 1.5%.
- 30-day range: 20.6% below the high · 3.1% above the low; From hourly highs and lows on the same venue
- Other tracked coins: 14 of 24 moved the same way; 6 moved the other way
- 24h volume: 0.4×; of its prior 30-day daily average
- Perpetual swap: funding near zero · open interest flat; OKX perpetual swap XRP-USDT-SWAP

Computed from OKX · USDT hourly candles for the 24 hours to 24/10/2026, 00:00 UTC.

Prices, market readings and reports are shown side by side; timing alone does not show what caused a move.

[XRP price and news](<https://whycoinmoves.com/en/coins/ripple>)
[Methods and limitations](<https://whycoinmoves.com/en/methodology>)