XRP Slumps 16% in Worst Selloff Versus BTC, ETH

XRP plunges 16% in worst drop among bitcoin, ether and major tokens
XRP fell 16%, marking the sharpest decline among major cryptocurrencies including bitcoin and ether, and standing out as the day’s biggest mover within the large-cap group.
The drop matters because XRP is one of the most widely held and actively traded tokens in the market. When a large-cap asset underperforms its peers by a wide margin, it can reshape short-term market leadership and signal shifting risk appetite within the sector.
In broader context, major tokens often move together, especially during periods of heightened volatility. A notably larger move in one asset can draw attention from investors tracking market breadth—how evenly gains or losses are distributed across the largest cryptocurrencies.
No additional details were provided on the specific catalyst behind XRP’s move, or how bitcoin and ether performed over the same period beyond XRP’s relative underperformance.
