CoinDesk 20 performance update: Ripple (XRP) plunges 12.2% as index declines
Analysis
Price Impact
HighXrp plunged 12.2%, making it a significant underperformer and a laggard within the coindesk 20 index, which itself declined by 6.6%. this indicates strong selling pressure specifically on xrp.
Trustworthiness
HighThe information comes from coindesk indices, a reputable source for market data and index performance updates.
Price Direction
BearishThe significant double-digit percentage drop for xrp, even amidst a broader market decline where no assets were up, clearly points to a bearish sentiment and selling pressure on the asset.
Time Effect
ShortThis is a daily performance update from coindesk indices, reflecting immediate market movements and short-term price action.
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CoinDesk Indices Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email CoinDesk 20 performance update: Ripple (XRP) plunges 12.2% as index declines Sui (SUI) joined Ripple (XRP) as an underperformer, falling 9.5% since Wednesday. By CoinDesk Indices Feb 5, 2026, 3:25 p.m. Make us preferred on Google CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 2006.57, down 6.6% (-142.38) since 4 p.m. ET on Wednesday. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Long & Short Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . None of the 20 assets are trading higher. 9am CoinDesk 20 Update for 2026-02-05: vertical Leaders: AAVE (-5.1%) and SOL (-5.2%). Laggards: XRP (-12.2%) and SUI (-9.5%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. CoinDesk Indices CoinDesk 20 charts Prices