The Ripple-associated coin is having a terrible time against Bitcoin during the current crypto market crash.
It's down by a brutal 4.9% in the past 24 hours, according to data from CoinGecko. XRP is priced at around $1.10 at the time of writing.
The weekly losses have climbed to an eye-popping 12.4%.
Bitcoin, on the other hand, is down by just 1.4% over the past 24 hours. BTC is down 4.9% over the past seven days.
This means that XRP has lost nearly 8% of its value against Bitcoin in the past seven days alone.
XRP is also doing much worse compared to Ethereum, which is down by 7.4% over the past week.
Solana has lost 8.6% of its value over the past seven days.
Nvidia scandal rocks crypto market
The recent crypto market sell-off has been further fueled by shocking news about Nvidia CEO Jensen Huang.
Huang recently confessed to cheating on his wife amid reports that he was having an affair with a businesswoman accused by U.S. intelligence of having connections with Chinese espionage.
Nvidia's board of directors has opened an independent investigation into whether or not Nvidia's CEO was the victim of a foreign intelligence operation.
Nvidia has emphasized, though, that it doesn't have any reason to believe national security or corporate secrets were compromised.
Investors have been shaken by the news, with Nvidia shares declining by about 3.4% during after-hours trading.
The Nvidia scandal has added to concerns about the longevity of the artificial intelligence boom.
Bitcoin tanked to around $73,761 at one point on Sunday but has somewhat recovered since then.
XRP fans still holding out
Despite the dreadful performance of XRP, some notable people within the XRP community have taken aim at those who claim that the latest crash is symptomatic of some issues with the cryptocurrency.
I forgot to mention that your XRP thesis doesn't protect against the NVIDIA guy cheating on his wife.
— Vet (@Vet_X0) November 8, 2026
I forgot to mention that your XRP thesis doesn't protect against the NVIDIA guy cheating on his wife.
Popular XRP Ledger validator Vet sarcastically weighed in on the Nvidia scandal.
"I forgot to mention that your XRP thesis doesn't protect against the NVIDIA guy cheating on his wife," he wrote on X.
Vet also noted how both Ethereum and Solana had taken massive hits.
