• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Surge Expected as Bitcoin Hits Milestone

user avatar

by Giorgi Kostiuk

a year ago

Amid a broad market rally, XRP is garnering attention. Analysts predict a significant price increase for XRP should Bitcoin reach the $100,000 milestone.

Current Market Situation

Recently, Bitcoin has been hitting new highs, positively affecting other cryptocurrencies. Analysts highlight the growing interest in XRP, which could lead to a notable price increase.

Analyst Forecasts

Renowned analyst Egrag Crypto has stated that XRP could rise to $2.2 if Bitcoin surpasses $100,000. He attributes this potential surge to an expected liquidity rotation in the market, which would reduce Bitcoin's dominance and boost other cryptocurrencies.

As BTC/USD approaches a new All-Time High, its dominance will decline, prompting a swift liquidity rotation.Egrag Crypto

Brad Garlinghouse's Perspective

Ripple CEO Brad Garlinghouse recently shared his optimistic outlook for XRP. He acknowledged the challenges over the past four years due to SEC litigation but noted that changing market and regulatory dynamics are becoming increasingly favorable.

After four years since the SEC sued Ripple, I see light at the end of the tunnel, and the opportunity for XRP believers is enormous.Brad Garlinghouse

With Bitcoin's rise, analysts and experts anticipate positive changes for XRP. Investors are keenly observing the market, awaiting further opportunities and regulatory developments.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Goldman Sachs Invests Heavily in Solana Spot ETFs

chest

Goldman Sachs has made substantial investments in Solana Spot ETFs, totaling approximately $108 million, indicating a growing interest in altcoins and a shift towards broader crypto adoption by traditional financial institutions.

user avatarJacob Williams

Connecticut Man Accused of Defrauding Crypto Investors

chest

Elmin Redzepagic, a 24-year-old from Connecticut, is accused of defrauding crypto investors out of nearly a million dollars, which he allegedly gambled online. He faces multiple charges including wire fraud and money laundering.

user avatarZainab Kamara

Hackers Exploit Workforce Monitoring Tool for Ransomware Attacks

chest

Hackers exploit workforce monitoring tool Net Monitor for Employees Professional to deploy ransomware.

user avatarSon Min-ho

JPMorgan Sticks to $266,000 Bitcoin Target Despite Mining Challenges

chest

JPMorgan maintains its long-term Bitcoin price target of $266,000 despite mining challenges.

user avatarAyman Ben Youssef

CFTC Forms New Committee to Collaborate with Crypto Leaders

chest

The CFTC has formed a 35-member Innovation Advisory Committee to engage with the cryptocurrency industry and provide insights for regulatory development.

user avatarTando Nkube

Ethereum Faces Critical Price Levels Amid Market Volatility

chest

Ethereum is struggling to maintain crucial price levels as it retests significant support areas, with analysts warning of potential further declines.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.