XRP has spent the past seven days losing ground to every major asset against which it is typically measured. The token shed roughly 12.4% of its value over the week, while Bitcoin fell 4.9% over the same period, leaving XRP close to 8% weaker against the leading cryptocurrency by market capitalization.

According to COINOTAG, the performance gap accumulated through a Sunday trading session, as weakness persisted across the altcoin segment of the market.

XRP is the native digital asset of the XRP Ledger, a blockchain closely associated with the payments company Ripple. Bitcoin, launched in 2009, remains the largest cryptocurrency by market capitalization and is commonly used as a benchmark for measuring the performance of other digital assets, collectively known as altcoins. Weekly cross-asset comparisons of this kind are widely tracked by market participants to gauge relative strength within the cryptocurrency market.

On these figures, XRP's weekly decline was more than double the magnitude of Bitcoin's, underscoring the divergence between the token and the market's largest asset over the seven-day window. For the market participants who follow these weekly benchmarks, the point to watch in coming sessions is whether the gap holds, narrows, or widens; the figures above capture a single seven-day window and, on their own, do not indicate where the comparison heads next.

This content was first published on COINOTAG: https://en.coinotag.com/xrp-trails-bitcoin-8-percent-weekly-underperformance