XRP Lost 12.4% Over the Week and Experienced a Stronger Decline Than Bitcoin

The price of XRP, the cryptocurrency of the XRP Ledger network associated with Ripple, decreased by 12.4% over 7 days amid a sell-off of digital assets. According to CoinGecko data cited by U.Today on November 9, 2026, the token was trading around $1.10, having lost 4.9% in the last 24 hours. Its weekly decline was significantly stronger than that of Bitcoin, Ether, and Solana.

Bitcoin (BTC) fell by 4.9% over the same period and by 1.4% in the last 24 hours. The difference between the weekly changes of XRP and BTC was 7.5 percentage points. Considering the relative dynamics of the two assets, the XRP to Bitcoin rate decreased by approximately 7.9%.

XRP fell more than other major cryptocurrencies

XRP also showed a more pronounced weekly decline compared to Ether (ETH) and Solana (SOL). Over 7 days, ETH lost 7.4%, and SOL lost 8.6%.

Thus, the decline of XRP exceeded Ether's by 5 percentage points and Solana's by 3.8 percentage points. This indicates a weaker relative performance of the token during the period in question, but does not by itself explain the reasons for the sell-off.

Bitcoin on Sunday, November 8, dropped to approximately $73,761. Subsequently, the cryptocurrency partially recovered, although the overall market trend remained negative.

Nvidia investigation coincided with the crypto market sell-off

An additional factor of uncertainty in the financial markets was reports about Jensen Huang, CEO of the American graphics processor manufacturer Nvidia.

On November 8, Nvidia's board of directors announced the start of an independent review following reports that Huang might have been targeted by a foreign intelligence operation. Earlier, media reported on his alleged relations with an entrepreneur whom American intelligence sources link to Chinese intelligence services.

Huang admitted to marital infidelity and expressed willingness to cooperate with the investigation. Meanwhile, Nvidia emphasized that it has no grounds to believe that national security or the company's confidential information has been compromised.

Following the announcement of the review, instruments tied to Nvidia shares on the over-the-counter platform Blue Ocean and the Hyperliquid platform traded about 3.4% lower than Friday's Nasdaq close. However, no direct impact of this event on the decline of XRP has been established.

Amid the decline in cryptocurrencies, an XRP Ledger network validator known by the pseudonym Vet ironically responded to attempts to explain the sell-off solely by XRP's issues. In a post on X from November 8, he referred to the news about Huang and reminded that Ether and Solana also significantly depreciated.

Thus, XRP showed weaker weekly dynamics relative to the largest cryptocurrencies. However, the provided data does not allow determining which part of the decline is related to the overall market sell-off and which part is due to factors specific to XRP.