BlockSavvy

🚨 $XRP Bloodbath: $20B Gone in a Week 🚨

XRP just got soaked. Over $20 billion in market cap evaporated this week as holders bail and broader crypto risk‑off vibes take hold. 📉

That slides XRP down near $1.60, marking a brutal ~17 % weekly drop - and it’s trading below key moving averages that usually signal strength.

This isn’t about Ripple suddenly turning bad - it’s about macro stress. $BTC slides under critical levels hit everything, and altcoins are collapsing with it. ETFs and institutional flows are showing outflows too, piling on the pressure.

But here’s the twist: technical indicators (like RSI) are flirting with oversold territory, suggesting the panic might be overdone - if sentiment shifts. That’s crypto - ugly on the way down, spicy on the rebound.

So what’s going on?

🔥 Heavy selling + risk aversion

🔥 Institutional outflows

🔥 Market structure breakdown

And yeah - a lot of new money is underwater. But oversold markets don’t stay that way forever. Just remember: droughts can flip to storms without warning in this space.

#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#