CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Coin Edition 2024-12-30 10:55:00

XRP Price Could Skyrocket if Bitcoin Market Cap Ratio Restored

XRP’s price dropped 5.6%, trading at $2.06, but historical trends offer optimism. XRP price could surpass $16 if it reclaims the pre-SEC lawsuit ratio of Bitcoin’s cap. Ripple’s legal battle with the SEC may conclude in early 2025. XRP is currently facing a turbulent market, shedding 5.6% in the last 24 hours to trade at $2.06. At 46% lower than its all-time high, XRP is among one of the worst performers among the top 10 cryptocurrencies. However, there are signs that the trend may be improving. XRP’s market cap currently stands at $118 billion at the current price, a significant progress from $28 billion on November 1. Analysts also point to signs of a bullish divergence that could signal a near-term recovery. If XRP can reclaim its historical market cap ratio relative to Bitcoin, its valuation could rise substantially. Historical XRP Performance and Ripple’s Lawsuit XRP reached its all-time high market valuation of $165 billion on December 3, 2024, when its price hit $2.9—a seven-year high. Before this, XRP’s peak valuation was $128.5 billion in January 2018, representing 49.4% of Bitcoin’s $260.05 billion market cap at the time. Several fa… The post XRP Price Could Skyrocket if Bitcoin Market Cap Ratio Restored appeared first on Coin Edition .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约