XRP Extends Multi-Month Slide Against Bitcoin as Institutional Momentum Cools

Key Facts

Amid the growing dominance of Bitcoin in the digital asset market, the XRP token is facing sustained selling pressure that has led to its decline against the market leader. According to reports, the Ripple-linked token is extending a multi-month slide in its exchange rate against Bitcoin (BTC). This downturn is primarily driven by cooling institutional momentum, evidenced by recent net outflows from XRP spot ETFs.

This underperformance of XRP comes at a time when the market is witnessing divergent risk appetites, with institutional investors favoring assets with higher liquidity and greater regulatory clarity. Compared to other major altcoins, XRP shows significant technical weakness; market data suggests that Bitcoin ETF inflows continue to capture the lion's share of institutional liquidity, leaving other tokens struggling to maintain their price levels against BTC.

Looking ahead, traders are closely monitoring any shifts in monetary policy that could impact high-risk assets, particularly with upcoming speeches from Fed officials such as Governor Bowman on July 7, 2026.