"XRP tracks Bitcoin roughly 80% of the time, and when it moves, it swings about 1.8 times more in either direction. When Bitcoin dropped from $74,000 to $70,000, XRP fell 10% in the same window while BTC gave up about 5%."
"Bitcoin has been stuck between $65,000 and $75,000 since the February crash. The Iran conflict pushed oil above $93 per barrel, and the Fed raised its 2026 inflation forecast to 2.7%."
"Bitcoin ETFs have also bled over $3.8 billion in outflows since January, meaning institutional money is not rotating between assets, but leaving crypto entirely."
"Institutions aren't moving into altcoins but rather pulling out of crypto or parking what's left in Bitcoin as the safer bet."
XRP holders have faced a decline in price despite Ripple's achievements, including SEC case resolution and ETF approvals. XRP is down 43% year-to-date and 60% from its peak. The primary reason for this stagnation is XRP's strong correlation with Bitcoin, moving roughly 80% of the time with it. Bitcoin's recent price stability and institutional outflows from crypto have further hindered XRP's growth. Bitcoin dominance remains high, preventing capital from flowing into altcoins like XRP.
Read at 24/7 Wall St.
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