XRP slides 4%, cedes to BNB as third-largest crypto
XRP declined 4% on Tuesday as growing fear, uncertainty and doubt (FUD) triggered increased selling pressure for the asset. The decline was accompanied by BNB overtaking XRP to become the third-largest cryptocurrency by market capitalization.
XRP cedes third-largest crypto position to BNB
XRP fell 4% in intraday trading on Tuesday, fueled by an increasing wave of FUD among investors. The cryptocurrency saw its highest level of retail FUD since US President Donald Trump announced tariffs in April, according to crypto analytics platform Santiment.
The shift in sentiment signals growing impatience for a rally, with bearish XRP comments outweighing bullish statements across social media platforms.
However, Santiment highlighted that such a move…