Ripple CTO Emeritus Shares Candid Truth about XRP and Crypto Market

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Ripple CTO Emeritus David Schwartz shared a candid response on X about the XRP price with respect to the broader crypto market. Advertisement An X user had asked whether the price of XRP was making him feel depressed. Schwartz admitted that he felt "a little" down about it but clarified that his feelings were not limited to XRP alone: "The whole crypto market makes me sad sometimes. Anyone know why?" A little. The whole crypto market makes me sad sometimes. Anyone know why? HOT Stories Ex-Ripple Engineer: XRP Protocol Freeze Influenced Ethereum, Google Issues Scam Alert for iPhone Users, Shiba Inu (SHIB) Secures Binance Trading Expansion: Morning Crypto Report Hayes Issues Dire Warning About Bitcoin's Impressive Price Rally — David 'JoelKatz' Schwartz (@JoelKatz) March 5, 2026 The former Ripple CTO, one of the original architects of the XRP Ledger, frequently interacts with the crypto community on social media. Thus, his response on X seems to reflect broader market sentiment rather than XRP specifically. Advertisement The crypto market has seen continued sell-off since October, when nearly $20 billion in leveraged bets were liquidated. You Might Also Like Sat, 01/17/2026 - 10:23 Ripple CTO Emeritus Issues Scam Alert on Copy Trading, What's Real Risk? By Tomiwabold Olajide Altcoins, including XRP, are struggling within the crypto market, and even more so since the Oct. 10 event. According to CryptoQuant, 38% of altcoins are near all-time lows, with the recent drop worse than the post-FTX period. Advertisement Currently, liquidity on the market remains thin, with cautious sentiment dominating. During dull and bearish market phases, even long-time participants might feel disappointed with overall market behavior, so the response from the former Ripple CTO might not be far off. XRP hourly golden cross emerges In a positive twist to XRP price action, a golden cross has emerged on the XRP price chart for the first time in weeks. You Might Also Like Wed, 03/04/2026 - 12:27 XRP's 400% Growth Turns into 70% Nosedive as Key Metrics Normalize By Arman Shirinyan The hourly MA 50 has crossed above the MA 200, producing a "golden cross." The last time this signal appeared on the XRP hourly chart was in late February, which was quickly overruled by a death cross. At the time of writing, XRP was down 2.73% in the last 24 hours to $1.44, as the broader market extended its recovery from Wednesday. Economic data had eased inflation concerns on the markets, though the recovery looked tentative, with U.S. and European futures edging lower Thursday morning. On the economic data front, investors are awaiting weekly jobless claims on Thursday and looking ahead to February’s nonfarm payrolls report on Friday. #Ripple News #XRP Price Prediction #XRP