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XRP market cap drops $30B in Q1 2026 amid Bitcoin correlation and fading ETF momentum

Market News
01 Apr 2026
Finbold
View Source
Bearish
pluang ai news

XRP's market capitalization fell sharply by $30.46 billion in the first quarter of 2026, dropping from $111.58 billion to $81.12 billion. This decline was driven by XRP's strong correlation with Bitcoin, which fell below $70,000, triggering amplified losses and over $2.2 billion in liquidations. Additionally, momentum from XRP spot ETFs slowed, and technical indicators showed bearish trends. However, recent analysis suggests XRP may be forming a bullish ascending triangle pattern, indicating potential for a price rally if it breaks key resistance levels, though broader market conditions remain influential.

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XRP Ledger hits 8M activated accounts despite drop in daily active users

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The XRP Ledger has surpassed 8 million activated accounts, marking steady growth since March 2026. However, daily active addresses have declined to a 2026 low of 25,350, indicating less frequent user engagement despite overall adoption. XRP's price f...

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XRP whale activity rises as Binance reserves drop, but market movement remains slow.

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Trader Peter Brandt spots possible Bitcoin bottom pattern amid mixed market signals.

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