XRP price drops with Bitcoin decline, BNB excels in uncertainty of crypto regulations
February 27, 2026
XRP experienced a notable decline, leading the losses among major cryptocurrencies. In the past 24 hours, its price dropped by almost 3%. CoinGlass data revealed liquidations totaling around $250 million over the previous day, with the liquidations divided nearly evenly between long and short positions. In contrast, Binance Coin emerged as the single gainer within the top 10 cryptocurrencies by market capitalization, while Cardano showcased strong performance in terms of weekly gains.
XRP, among other major cryptocurrencies, faced significant losses over the past day, with Bitcoin also experiencing a slight decrease, while Binance Coin stood out as the only asset among the top 10 to demonstrate gains. With XRP’s price declining by 2.9% to approximately $1.41, retail investor sentiment on Stocktwits was overwhelmingly ‘bearish.’ At the same time, Bitcoin dipped by 1.1%, hovering around $67,700. Meanwhile, the general crypto market saw a 0.5% dip, maintaining its position above the $2.4 trillion mark. Approximately $250 million in liquidations were recorded in the market over the past day, with both long and short positions being equally affected. Bitcoin took the lead in liquidations, accounting for $76 million, followed by Ethereum at $66 million.
The decline in prices coincides with regulatory concerns stemming from Washington, specifically after the Office of the Comptroller of the Currency (OCC) introduced regulatory proposals tied to the GENIUS Act, including limitations on stablecoin rewards. The situation worsened as the CLARITY Act remains stalled, with a looming deadline for both banks and the crypto industry to reach a consensus on the matter.
Binance Coin experienced a 0.2% price increase over the last 24 hours, reaching around $631. Despite trading in the ‘bearish’ territory according to sentiment on Stocktwits, BNB displayed a weekly increase of 3.6%. Conversely, Cardano led the pack in terms of weekly gains, rising by 7.8% over the past seven days. Cardano’s price dipped by 0.8% in the last 24 hours, settling at approximately $0.29. Retail sentiment surrounding Cardano on Stocktwits remained ‘bullish,’ with discussions escalating to ‘high’ levels. Optimistic members of the crypto community expressed beliefs that Cardano could reach $0.75 by April.
Meanwhile, Ethereum sustained a price above $2,000, with sentiment on Stocktwits shifting to ‘bearish.’ ETH experienced a 1.7% decline in the last 24 hours, settling at around $2,037. Other cryptocurrencies like Dogecoin and Solana also observed minor declines, further contributing to the market’s overall downward trend.
