In the latest performance update of the CoinDesk 20 index, it has been reported that Ripple's cryptocurrency, known as XRP, has experienced a significant decline, plunging by 12.2%. This downturn in XRP's value is part of a broader overall decline observed in the index, indicating a challenging environment for several cryptocurrencies within the CoinDesk 20. As market conditions fluctuate, investors are closely monitoring these developments to assess their potential impact on their portfolios and the cryptocurrency market as a whole.
source: https://www.coindesk.com/coindesk-indices/2026/02/05/coindesk-20-performance-update-ripple-xrp-plunges-12-2-as-index-declines