Current data indicates that the XRP and ADA currencies are currently rated lower than Bitcoin.
Bitcoin has faced significant pressure over the weekend, leading to a decline in overall sentiment and a return of several digital assets to levels considered below their fair value.
Recent data shows that both Ripple (XRP) and Cardano (ADA) are experiencing a significantly lower valuation compared to Bitcoin.
According to the "Santiment" platform, the Market Value to Realized Value (MVRV) indicator over a 30-day period is used to assess the risks associated with entering or increasing investment positions.
Negative values for this indicator suggest that the average traders are currently incurring losses, which may indicate lower-risk buying opportunities. The more negative the value, the more attractive the entry from a risk perspective.
In the latest reading, XRP recorded a rate of -5.7%, placing it among the lowest-rated assets, significantly lower than Bitcoin, which recorded -3.7%.
Other currencies also showed more negative readings, most notably LINK at -9.5%, followed by $ADA $XRP
A at -7.9%, and Ethereum at -7.6%.#FedWatch