币界网报道:XRP experienced a sharp 12.5% drop in value amid broader market turmoil, triggered by delays in Bitcoin ETF approvals and escalating geopolitical tensions. The selloff coincided with a 5% decline in total crypto market capitalization, with Bitcoin falling below $41,000. Analysts attribute XRP's underperformance to its relatively low Total Value Locked (TVL) of just $1.4 million in DeFi protocols, compared to other major assets. The SEC's ongoing legal battle with Ripple continues to weigh on investor sentiment, despite recent partial victories for the company. Market observers note XRP's price action appears increasingly detached from Bitcoin's movements, potentially signaling changing dynamics for the asset. Technical indicators suggest further downside risk if the token fails to hold key support levels around $0.50.