$XRP is selling off despite strong on-chain data.
RWA TVL just hit a record $235M (+11%), but it doesn’t matter right now.
Correlation to $BTC is ~0.998 — Bitcoin volatility is overriding all fundamentals.
Until $BTC stabilizes, downside pressure on $XRP remains.
Verdict: Short-term bearish.
#XRP #BTC #Crypto #MarketStructure
RWA TVL just hit a record $235M (+11%), but it doesn’t matter right now.
Correlation to $BTC is ~0.998 — Bitcoin volatility is overriding all fundamentals.
Until $BTC stabilizes, downside pressure on $XRP remains.
Verdict: Short-term bearish.
#XRP #BTC #Crypto #MarketStructure