XRP traders more optimistic as BTC, ETH mood turns sour: Santiment

XRP sentiment connected societal media has remained comparatively robust contempt a crypto marketplace slump that has seen Bitcoin autumn adjacent to $70,000.

Santiment said successful an X station connected Wednesday that “XRP is seeing a much optimistic outlook among traders” connected societal media arsenic Bitcoin (BTC) and Ethereum (ETH) person “turned highly bearish” aft a large downswing.

Santiment’s Positive/Negative sentiment indicator, which measures the ratio of affirmative to antagonistic societal media mentions for a cryptoasset, shows XRP (XRP) has a people of 2.19, 103% higher than Ethereum’s 1.08 and 173% higher than Bitcoin’s 0.80.

XRP’s Positive/Negative sentiment metric is importantly higher than the metric for Bitcoin and Ethereum. Source: Santiment

Over the past 7 days, the prices of Bitcoin and Ethereum person fallen by 4.97% and 4.92%, respectively, according to CoinMarketCap. XRP has fallen adjacent further, down 6.82% implicit the aforesaid clip frame.

Swyftx pb expert Pav Hundal told Cointelegraph connected Wednesday that XRP holders “wear volatility differently.”

“XRP doesn’t determination wildly extracurricular the bounds of the remainder of the market,” helium said, arguing that XRP holders person an “unwavering faith” successful the asset’s fundamentals, truthful they thin to beryllium little skeptical successful the drawdown.

Short-term “relief rally” whitethorn beryllium successful sight

"The coming weeks look tough,” Hundal said, emphasizing that XRP is “still down” 35.5% implicit the past 30 days.

Santiment argued that the fearful sentiment whitethorn pb to marketplace upside.

“There remains a beardown statement for a short-term alleviation rally arsenic agelong arsenic the tiny trader assemblage continues to amusement disbelief toward cryptocurrency arsenic a whole,” Santiment said.

Alternative.me’s Crypto Fear & Greed Index, which measures wide crypto marketplace sentiment, posted an “Extreme Fear” people of 12, the lowest it has recorded since Dec. 16, signaling utmost caution among investors. 

“Full-blown crypto winter” whitethorn beryllium coming to an end

Other indicators constituent to the aforesaid caution, with the CoinMarketCap Altcoin Season Index presently successful “Bitcoin Season” astatine 32 retired of 100, suggesting investors proceed to favour Bitcoin implicit riskier cryptocurrencies further down the curve.

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Bitwise main concern serviceman Matt Hougan said successful an X station connected Tuesday that “Crypto Twitter” has lone realized that the crypto is successful a “full-blown crypto winter.”

“We person been successful a crypto wintertime since January 2025. Chances are, we’re person to the extremity than the beginning,” Hougan said.

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