Summary: It''s Over: XRP Rally Hits the Brakes, Shiba Inu May Erase Another Zero, Dogecoin Hits Make-or-Break Level: Crypto News Digest

The crypto market is currently experiencing a dynamic landscape, marked by significant movements across major digital assets. XRP, the Ripple-linked token, has just suffered its worst daily loss since April, plummeting by approximately 8%. This sharp decline resulted in over $21 million worth of XRP long positions being liquidated within a single hour. The token dropped to an intraday low of $3.22 and is now down 12% from its July 18 peak of $3.66. Meanwhile, Shiba Inu (SHIB) presents a more optimistic outlook, having achieved an impressive 24.55% gain in July, marking its best monthly performance in 2025. Attention is now shifting to "Uptober," historically SHIB's most bullish month, with hopes for a significant rally if past trends persist. Historical data suggests potential for strong returns for SHIB in October, offering hope to investors. In contrast, Dogecoin (DOGE) is cooling off after a recent hot streak, now down 6.53% in 24 hours. This dip follows a broader crypto market downturn, with $508 million in liquidations, mainly longs, impacted by profit-taking and anticipated Federal Reserve decisions. DOGE’s earlier 27% weekly surge was fueled by spot ETF talks and a $500 million reserve build-up by Bit Origin. Despite positive developments like the GENIUS Act stablecoin legislation, Dogecoin is currently testing crucial support levels, signaling a period of consolidation.