Asset context
The price path reflects an early, volatile XRP market with limited evidence for one dominant XRP-specific catalyst.
XRP DRAWDOWN RESEARCH
XRP May–December 2017 drawdown and recovery
XRP fell from a May 2017 local peak, bottomed in July, and recovered in December during a rapidly changing crypto-market cycle.
- Peak date
- 2017-05-17
- Recorded trough
- 2017-07-16
- Maximum decline
- -62.2%
- Recovery status
- Recovered 2017-12-13
CANONICAL DRAWDOWN SERIES
Decline and recovery path
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- Peak
- 2017-05-17
- Trough
- 2017-07-16
- Maximum decline
- -62.2%
- Recovery
- 2017-12-13
- Days underwater
- 210
A drawdown is a measured peak-to-trough price path. Overlapping events are research context, not proof of a single cause.
Contagion and regime context
China's ICO and exchange crackdown occurred during the underwater period and affected the broader digital-asset market.
Events, entities, and evidence
These links identify overlapping evidence windows. They do not assign the full drawdown to any one event.
China ICO ban and exchange shutdown orders2017-09-04–2017-09-15 · focused event chart →XRPCanonical entity profile →Open in Historical LaboratoryInspect the canonical series and market comparisons →
Original source: China ICO ban and exchange shutdown orders ↗Direct external evidence recordRecovery interpretation: Recovery means a completed UTC price observation met or exceeded the prior peak. It does not mean every holder recovered or that purchasing, custody, or tax outcomes were identical.
−20 / +20 DAYS · COMPLETED UTC
Focused XRP market study
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No defensible chart is shown until at least two valid XRP observations are available.
Returns describe coincident market behavior around a documented event. They do not prove that the event caused the move or exclude other XRP-specific, crypto-market, or macro factors.