• 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

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

chest

Senator Richard Blumenthal has initiated a formal investigation into Binance's potential violations of US and international sanctions.

user avatarKenji Takahashi

Senate Democrats Call for Investigation into Binance Amid Allegations

chest

Eleven Senate Democrats, led by Elizabeth Warren, are urging an investigation into Binance's operations due to allegations of facilitating illicit finance activities.

user avatarMaria Fernandez

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

chest

Tether has frozen approximately $42 billion worth of USDT tokens due to suspected illicit activities, highlighting the need for blockchain transparency and cooperation with law enforcement.

user avatarGustavo Mendoza

Tether Collaborates with Authorities to Combat Financial Crimes

chest

Tether has engaged in multiple enforcement actions with various authorities to address financial crimes involving USDT.

user avatarRajesh Kumar

Matt Corallo Highlights Bitcoin's Commitment to Post-Quantum Cryptography

chest

Matt Corallo highlights Bitcoin's commitment to post-quantum cryptography, addressing misconceptions and showcasing ongoing research and proposals.

user avatarMiguel Rodriguez

Trump Media Plans to Spin Off Truth Social into Separate Entity

chest

Trump Media and Technology Group plans to spin off its social media platform Truth Social into a separate public entity called SpinCo, merging with Texas Ventures III.

user avatarArif Mukhtar

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.