XRP Sentiment Holds Strong Amid Bitcoin’s Decline
Despite the recent slump in the cryptocurrency market, where Bitcoin has dipped close to $70,000, the sentiment surrounding XRP on social media appears to remain robust.
According to a post by Santiment on X, while Bitcoin (BTC) and Ethereum (ETH) have turned “extremely bearish” following notable declines, traders are becoming increasingly optimistic about XRP.
Santiment’s Positive/Negative Sentiment Index shows that XRP holds a score of 2.19, significantly outpacing Ethereum’s 1.08 and Bitcoin’s 0.80 by 103% and 173%, respectively.
CoinMarketCap reports that in the last week, Bitcoin and Ethereum have dropped by 4.97% and 4.92%. Meanwhile, XRP experienced a steeper decline of 6.82% during the same period.
Pav Hundal, a principal analyst at Swyftx, noted on Wednesday that XRP holders seem to view volatility differently. “XRP won’t move erratically compared to the rest of the market,” he explained, suggesting that holders maintain “unwavering confidence” in the asset’s fundamentals despite its fluctuations.
He mentioned that a short-term “relief rebound” might be on the horizon. However, Hundal cautioned that the upcoming weeks could be challenging as XRP is still down by 35.5% over the last month.
Santiment highlighted that fear in the market could potentially lead to an upswing. They expressed that there’s still a compelling case for a short-term rally, particularly if smaller traders continue to harbor distrust towards cryptocurrencies overall.
Elsewhere, Alternative.me’s Crypto Fear & Greed Index recorded a score of 12, classified as “extreme fear.” This is the lowest score seen since mid-December, indicating a high level of caution among investors.
Interestingly, some indicators suggest that the “full-scale cryptocurrency winter” might be drawing to a close. The CoinMarketCap Altcoin Season Index is currently in “Bitcoin season” with a score of 32 out of 100, hinting that investors are leaning towards Bitcoin instead of riskier alternatives.
In a post on X, Matt Hogan, chief investment officer at Bitwise, remarked that “crypto Twitter” is starting to recognize that we’re in a “full-fledged crypto winter.” He suggested that this phase, which started back in January 2025, might be nearing its conclusion rather than just beginning.
