Why XRP price might jump 70% vs. BTC after the Bitcoin halving

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Coin Coin Headlines News

Whale accumulation patterns and critical Bitcoin halving fractals suggest a significant rebound in the XRP/BTC price in the upcoming months.

) so far in 2024 in terms of price performance, falling around 2.5% year-to-date versus the top cryptocurrency's 60% gains in the same period. In turn, the XRP/BTC exchange rate is down 40% YTD.However, the pair shows signs of recovering in the days leading up to

These patterns elevate the prospect of XRP outperforming Bitcoin following the upcoming halving on April 19.The observed gains in XRP/BTC largely stem from a reduction in Bitcoin's dominance post-halving.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

XRP price gains 17% weekly, Ripple CEO addresses whether XRP is the next BitcoinXRP price corrected after hitting its year-to-date peak of $0.7440.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Bitcoin shows 'signs of exhaustion' as Q1 BTC price gains near 70%Bitcoin and crypto markets risk 'exhaustion' as Q1 BTC price gains sit at 65% into the monthly, quarterly close.
Source: Cointelegraph - 🏆 562. / 51 Read more »