#rInteraction between Bitcoin (BTC) and Ripple (XRP),#BTC100K #XRP #SEC
It often changes depending on market dynamics and investors' perceptions. A recent news report states that as Bitcoin reached a new all-time high, the price of XRP also increased by 20%. This shows that Bitcoin's rise creates general optimism among altcoins and increases investors' risk appetite.
Additionally, there are other factors that influence the price movements of XRP. For example, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) could affect the price of XRP. Experts think that if this case is concluded positively, the obstacles to the rise of XRP may be eliminated and the crypto may be more premium than Bitcoin.
