XRP, one of the leading altcoins, has plunged by more than 18% over the past 12 days against Bitcoin. The token is currently worth 0.00002120 BTC, according to the latest data from the Binance exchange. On Monday, XRP is down another 1.5% against the leading cryptocurrency on Monday despite some positive catalysts such as The Dubai Land Department (DLD) choosing the XRP Ledger for its ambitious tokenization project. Moreover, CME Group officially rolled out XRP futures on May 18. The underperformance has not gone unnoticed by some XRP detractors, with Bitcoin maximalist Justin Bechler noting that the past two weeks had been brutal for the token's community. When the XRP Army sounds extra bitter, please understand that the last two weeks have been absolutely brutal for them.XRPBTC -20% last 2W ☠️ pic.twitter.com/m2N5E1hp9d — Justin Bechler (@1914ad) May 26, 2025 Bitcoin has benefited from robust institutional demand based on strong ETF flows. Meanwhile, the SEC is unlikely to approve a spot XRP ETF until late 2025, according to Bloomberg analysts.