Markets have their own heartbeat. When $19 billion in leverage vanished, it wasn’t just numbers everything moved together, and fast. XRP ended up amplifying Bitcoin’s moves 2.5× on the rebound. For every 1% BTC gained, XRP leapt 2.5%. That’s not random noise; it’s the sound of leverage being rebuilt after a flush.
You could feel the shift. A tariff headline dropped, XRP fell 15%, and billions in open interest disappeared. Then came the hush empty order books, no resistance, just space. When Bitcoin finally caught a bid, XRP sprang off the mat, overreacting the way thin markets always do.
It’s easy to obsess over the dollar figure, but this story is about rhythm shock, silence, release. That’s how beta resets. And if you’re watching closely, it tells you when the next move’s coming.