Bullish Data. Bearish Price. Here’s Why $XRP Is Dropping ⬇️
$XRP just tapped a 9-month low around $1.60, despite strong fundamentals.
📈 RWA TVL is up 11% to a record $235M
🏦 ETFs and global expansion remain intact
So what’s wrong?
👉 $BTC correlation sits at 0.998
Bitcoin volatility is overpowering every XRP catalyst.
Until BTC stabilizes, institutional inflows stay cautious and downside risk remains.
📌 Short-term bias: Bearish
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