XRP ETF Disappoints as Ripple Token Drops 7.3% During Bitcoin Market Selloff

The anticipated XRP ETF failed to generate positive momentum for bullish investors as Ripple-affiliated tokens experienced a significant 7.3% decline. This downward movement occurred alongside broader market pressures triggered by Bitcoin's ongoing selloff. Market analysts note that despite earlier expectations surrounding ETF approval, XRP and related digital assets continue to face selling pressure in the current cryptocurrency market environment. The correlation between Bitcoin's performance and altcoin movements remains evident as institutional selling impacts the entire digital asset ecosystem.