Altcoins underperform as correlated risk-off move hits ETH, XRP, and SOL
Kitco data show ETH (~$2,920), XRP (~$1.87), and SOL (~$126) all down roughly 4%–6% over 24 hours and 6%–10% over the week, echoing Monday’s Bloomberg report that Ether, Dogecoin, and XRP fell about 5% as crypto equities sold off. Analysts tie the weakness to broad de‑risking in global equities and hawkish signals from the Bank of Japan, with leverage unwinds in majors spilling over into the wider altcoin complex.