XRP

Crypto exchange Bitget says it will resume withdrawals of Bitcoin, Ethereum and XRP, suspensions widely linked to a security incident, and is launching a bounty program offering 10% rewards for information leading to the recovery of stolen funds. Traders are watching for signs the platform's operations and liquidity are returning to normal as it works to reassure users and recover assets.

Ripple has been valued at $50 billion, but the valuation applies to the company's equity only, meaning XRP token holders receive no ownership stake. The distinction highlights a long-standing gap between holding the cryptocurrency and owning part of the firm behind it, and observers are debating what the valuation says about Ripple's prospects versus XRP's value.

Bitcoin, Ethereum and XRP are trading lower after Donald Trump rejected Iran's proposal concerning the Strait of Hormuz, while Dogecoin moved against the trend and gained ground. An analyst cited in the report sees buying potential in the dip. Traders are watching geopolitical tension in the Gulf as a key driver of near-term crypto price swings.

XRP remains down 17% for 2026 while Bitcoin and Solana have largely recovered to near even, a gap puzzling crypto investors. Commentary is focusing on what is holding XRP back relative to other major coins, with possible factors ranging from lingering regulatory concerns to weaker demand. Traders are debating whether XRP can catch up with the broader market or whether its underperformance reflects deeper issues.