XRP market cap falls sharply amid broader market resilience
Finbold reports an approximately $8 billion one-day decline in XRP’s market value as the token underperforms a comparatively steady crypto market.
Finbold reports an approximately $8 billion one-day decline in XRP’s market value as the token underperforms a comparatively steady crypto market. XRP (XRP) is trading at $1.17. This is an original TLT brief based on reporting by Finbold, with live market data added, as of Sat, 07 Nov 2026 07:45:02 UTC.
XRP’s reported loss contrasts with a flat overall crypto market and rising Bitcoin, highlighting token-specific weakness while sentiment remains depressed. The divergence puts XRP’s $1.17 price and $74.38 billion valuation under close attention.
- Finbold reported an approximately $8 billion one-day XRP market-value decline
- XRP trades at $1.17, down 1.36% over 24 hours and 6.24% over seven days
- Bitcoin rose 0.81% while the total crypto market stayed flat
- The Fear & Greed Index stands at 25, labelled Extreme Fear
Finbold reported that 
XRP experienced an approximately $8 billion decline in market capitalization on Friday, November 6, making it the crypto market’s largest market-cap loser for the day. No other outlet supplied corroborating coverage of the event, so the reported figure and ranking rest with Finbold.
Live data show XRP at $1.17, with its market capitalization down to $74.38 billion. The token is 1.36% lower over 24 hours and 6.24% lower over seven days, reflecting continued weakness beyond the reported session. Its total market capitalization also remains below the $8 billion headline loss cited for that single day.
The wider market presents a contrasting backdrop. Total crypto market capitalization is $2.62 trillion and remains broadly flat, while 
Bitcoin has gained 0.81% over 24 hours. XRP therefore underperforms both the broader market and Bitcoin in the latest live snapshot, although the supplied figures do not establish what caused the divergence.
Market sentiment is subdued, with the Fear & Greed Index at 25, corresponding to Extreme Fear. For XRP, the combination of a sharply reduced market value, a seven-day decline and a price near $1.17 indicates that the reported sell-off remains relevant to current conditions. Attention will center on whether XRP can hold that price level as sentiment and broader market direction develop.
Since this brief published about 17 hours ago, XRP (XRP) has moved from $1.17 to $1.17 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₦1,612.76 (about $1.17), down 0.8% over 24 hours. The naira itself trades about 2.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
XRP market cap falls sharply amid broader market resilience — questions & answers
How much market value did XRP reportedly shed?
Finbold reported an approximately $8 billion one-day decline in XRP’s market capitalization on Friday, November 6.
Where is XRP trading and how has it performed?
XRP is trading at $1.17, down 1.36% over 24 hours and 6.24% over seven days. Its market capitalization is $74.38 billion.
How does XRP compare with the broader crypto market?
The total crypto market is broadly flat at $2.62 trillion, while Bitcoin is up 0.81% over 24 hours. XRP is down 1.36% over the same period.
How much is 1 XRP worth in naira today?
About ₦1,612.76 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.17. The naira price moves with both XRP's US-dollar price and the USDT/NGN rate; use our XRP in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Finbold. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.