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XRP market cap drops nearly $10B in 4 days amid crypto market pressure and Bitcoin weakness

Market News
18 May 2026
Finbold
View Source
Bearish
pluang ai news

XRP's market capitalization fell by about $9.73 billion in four days, dropping from $95.39 billion to $85.66 billion as bearish trends hit the crypto market. XRP's price declined to $1.38, influenced by its strong correlation with Bitcoin, which struggled below $80,000. Broader market weakness stems from geopolitical tensions, rising U.S. Treasury yields, and inflation concerns, reducing appetite for speculative assets like cryptocurrencies. Despite this, XRP spot ETFs saw strong inflows, reaching a new cumulative net total of $1.39 billion in 2026, signaling investor interest. Key price levels to watch are resistance at $1.45-$1.50 and support at $1.30-$1.35, with Bitcoin's recovery potentially lifting XRP higher.

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