XRP flipped by BNB after over $7 billion outflow in less than a week

XRP has fallen behind BNB in cryptocurrency market capitalization rankings following a sharp decline in its value. As of press time, XRP’s market cap stood at $82.8 billion, down about $7.7 billion from its weekly peak of $90.5 billion on February 26. Meanwhile, BNB’s market cap at the time of reporting stood at $84.5 billion, placing the asset fourth in the overall rankings. The shift puts BNB ahead of XRP by roughly $1.7 billion, pushing XRP down one spot. Cryptocurrency rankings. Source: CoinMarketCap At the same time, XRP’s price has also weakened, with the token trading at $1.35 as of press time, down 2.6% over the past week. XRP seven-day price chart. Source: Finbold Why XRP is plunging Notably, the decline reflects broader cryptocurrency market pressures that intensified in February 2026 and carried into early March. Weakness in Bitcoin ( BTC ) weighed heavily on the wider altcoin market, dragging sentiment lower across the board. At the same time, massive leveraged liquidations, in some cases exceeding $2 billion, accelerated the sell-off and amplified downside momentum. Slowing inflows into XRP-related exchange-traded funds (ETFs), which had previously provided support, further reduced buying pressure. From a technical perspective, the token’s breakdown below key support around $1.60 triggered additional selling, while February’s historical tendency to produce weaker performance for XRP added to the cautious tone. Beyond crypto-specific factors, macroeconomic uncertainty also played a role. Shifts in interest rate expectations tied to the nomination of a new Federal Reserve chair, combined with risk-off sentiment fueled by geopolitical tensions, including developments involving the U.S. and Iran , dampened investor appetite for risk assets. Meanwhile, a noticeable rotation into stablecoins signaled a defensive market posture, reducing demand for more volatile assets such as XRP. Featured image via Shutterstock The post XRP flipped by BNB after over $7 billion outflow in less than a week appeared first on Finbold .