XRP Erases $10 Billion in 4 Days

As bearish momentum continues to weigh on the broader cryptocurrency market, XRP’s market capitalization has nearly wiped out $10 billion in just four days.
Specifically, on May 14, XRP’s market cap was $95.39 billion, but by the time of reporting it had fallen to $85.66 billion, erasing about $9.73 billion over four days.
Meanwhile, XRP is trading at $1.38, down 4.5% over the past week, and down more than 2% in the past 24 hours.
XRP’s decline is primarily driven by its strong correlation with Bitcoin (BTC). With thinner liquidity and safe-haven sentiment toward alternative tokens, market volatility is often amplified.
As Bitcoin falls below $80,000 and struggles to stay above $75,000, additional pressure has also impacted XRP.
Weakness across the broader crypto market is also driven by geopolitical tensions and macroeconomic uncertainty. In this regard, conflicts between the U.S. and Iran and disruptions in the Strait of Hormuz have pushed oil prices higher and sparked risk-off sentiment across global markets.
Meanwhile, rising U.S. Treasury yields and persistent inflation have reduced expectations for a near-term Federal Reserve rate cut, making speculative assets like cryptocurrencies less attractive.
Profit-taking by long-term holders and large investors has further intensified selling pressure, especially after XRP surged above $1.50.
🔸 XRP ETF Strong Momentum
Notably, despite the correction, the strong momentum of spot XRP ETF products is still ongoing. Last week, they recorded a net inflow of $60 million, marking the best weekly performance of 2026.
It is worth noting that all five XRP ETF products saw positive inflows during this week, and even the latest figures exceed the total monthly inflows for January, February, and March 2026.
This strong momentum also helped May outperform the prior monthly record of $81.59 million set before April, making it the best month for XRP ETFs so far this year.