XRP, Dogecoin, and Cardano's ADA experienced significant declines of up to 15% amid heightened selling pressure, coinciding with Google's announcement of benchmark tests on its new quantum computing chip, raising concerns over crypto privacy. The overall market capitalization fell by 6.5%, marking the largest drop since October, with over $1.5 billion in bullish positions liquidated, the highest since 2021. Major tokens, including Bitcoin and Ether, also faced losses, as market analysts warned of short-term selling pressure following an overheated market.