XRP dropped to $1.33 as bitcoin-led weakness spread across major tokens after U.S.-Iran talks ended without a deal, reinforcing a risk-off tone that traders across Southeast Asia were already watching closely.
XRP slides as bitcoin weakness triggers a broad crypto selloff
XRP changed hands at 133.01 cents at 06:47 UTC, down 1.23% over 24 hours. Its market cap stood at $81.67 billion, keeping XRP at No. 4 by valuation.
Bitcoin was quoted at $71,678.91 at 06:48 UTC and was down 1.48% over 24 hours. Crypto Briefing said the coin slid nearly 2% from above $73,000 to around $71,310 after the talks failed.
Total crypto market cap slipped to $2.43 trillion, a daily drop of 1.21%. The Fear & Greed Index printed 16, or Extreme Fear, matching the defensive tone across majors.
Why bitcoin weakness is dragging down majors with it
AP reported on April 12, 2026 that the U.S.-Iran talks in Islamabad ended without an agreement after 21 hours. The same AP report said the conflict had entered its seventh week and had already shaken global markets, giving crypto another macro headline to trade.
The price action lines up with a correlation story, not an XRP-only one: bitcoin’s 1.48% decline came alongside XRP’s 1.23% loss and the market-wide 1.21% retreat in total capitalization. That fits the same risk-off pattern Kanalcoin discussed in Bitcoin Falls Below $72K After Vance Says Iran Deal Failed.
For desks in Jakarta, Manila, and Singapore, the more useful read-through may be sentiment rather than any Ripple-specific headline. The 16-point Fear & Greed reading and bitcoin’s move below the $72,000 area both suggest majors were being sold as a basket, which is also why Kanalcoin recently flagged weekend crypto perps as a signal rather than noise.
What traders will watch next after the latest XRP drop
The next test is whether XRP can hold the 133-cent area while bitcoin stays above $71,000. A recovery back through the $72,000 zone would ease some of the immediate pressure on majors, while another leg lower in BTC would keep altcoins vulnerable.
There is no XRP-specific regulatory filing or issuer statement in the proof set, so the cleaner framework is to watch macro headlines and risk appetite. Even with longer-term adoption narratives such as stablecoin volume forecasts reaching $719T by 2035, today’s tape is still being governed by the failed talks and the Extreme Fear backdrop.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.