River (RIVER) has experienced a severe price correction, plunging 25.3% to $9.59 in the past 24 hours as selling pressure intensifies across the cryptocurrency market.

The sharp decline has erased $65.1 million from River’s market capitalization, which now stands at $186.5 million, dropping the token to rank #189 among all cryptocurrencies. Trading volume surged to $18.15 million as investors rushed to exit positions.

Accelerating Decline

The selloff has accelerated in recent hours, with River dropping 11.8% in the past hour alone. The token hit an intraday low of $9.22 before a slight recovery to current levels, representing a 27% decline from its 24-hour high of $13.14.

This latest crash extends River’s brutal weekly and monthly performance. The token has now fallen 45.5% over the past seven days and 64.5% over the past 30 days, signaling sustained downward momentum.

Massive Decline from All-Time High

River is now trading 89.5% below its all-time high of $87.73, reached on January 26, 2026, just three weeks ago. The dramatic reversal represents one of the sharpest corrections among mid-cap cryptocurrencies in recent weeks.

With a circulating supply of 19.6 million tokens out of a maximum supply of 100 million, River’s fully diluted valuation has dropped to $951.4 million, down from significantly higher levels during its peak.

Market Context

The sharp decline comes as broader cryptocurrency markets face headwinds. River’s price action suggests possible profit-taking following its spectacular rise from its all-time low of $1.58 in September 2025, which represented a gain of over 5,400% at the peak.

Despite the current crash, River remains up 484% from its September 2025 lows, though this comparison offers little comfort to investors who bought near the January peak.

What This Means for Traders

The combination of high trading volume and accelerating price decline suggests strong conviction among sellers. The 11.8% hourly drop indicates momentum remains firmly to the downside in the immediate term.

Technical support levels have been decisively broken, with the token trading near its 24-hour low. Traders should exercise extreme caution, as volatility remains elevated and further downside cannot be ruled out without signs of stabilization.

Market participants should monitor trading volume and price action at the $9 level, which may serve as psychological support. A failure to hold above this threshold could trigger additional selling pressure.

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About the Author: Ananya Melhotra

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