XRPUSDTXRP / USDC PERPETUAL CONTRACTCOINBASE:XRPUSDC.PShavyfxhubXRPUSDT current price @ 1.4128 Iran's Supreme Leader Ayatollah Ali Khamenei was killed in US-Israeli strikes on February 28, 2026, sparking initial market turmoil but leading to crypto recovery. XRP, like other cryptocurrencies, dipped sharply amid the news before rebounding. Event Timeline Khamenei's death was announced by President Trump and confirmed by Iranian state media on February 28, amid escalating US-Israel strikes on Iran. Iran vowed retaliation, declared mourning, and began succession processes. Crypto markets reacted with volatility as geopolitical risks peaked. XRP Price Movement XRP fell to a low around $1.27 during the initial US-Iran conflict reports on February 28, erasing some early 2026 gains from highs near $2.40. Market Impact Factors Geopolitical uncertainty triggered broad sell-offs across risk assets, including a $128 billion crypto market cap drop initially. Recovery followed as traders bet on faster conflict resolution without Khamenei's leadership, reducing long-term risk premiums. XRP volume spiked 27%-70%, signaling capitulation before the bounce. price could seek supply at 1.5$ roof. #xrp #xrpusdt