{"id":154822,"date":"2025-04-07T22:00:11","date_gmt":"2025-04-07T19:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=154822"},"modified":"2025-04-07T18:16:37","modified_gmt":"2025-04-07T15:16:37","slug":"are-xrp-surges-a-red-flag-for-bitcoins-momentum","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/are-xrp-surges-a-red-flag-for-bitcoins-momentum\/","title":{"rendered":"Are XRP Surges a Red Flag for Bitcoin\u2019s Momentum?"},"content":{"rendered":"

Joe Weisenthal, known for co-hosting Bloomberg’s “Odd Lots” podcast, recently pointed out<\/a><\/strong> this curious correlation, suggesting that when XRP sees significant upward movements, it might signal a temporary top for Bitcoin.<\/p>\n

Earlier this year, XRP experienced a dramatic surge, climbing to a record $3.40 on the Bitstamp exchange in mid-January 2024. This rally, which grabbed headlines, marked the culmination of a strong performance in the final quarter of 2024. Just days later, Bitcoin also hit a notable high, reaching $108,786 on January 20, sparking optimism throughout the crypto space.<\/p>\n

However, the excitement was short-lived. XRP quickly lost momentum, falling by around 47% from its peak. Analysts suggest that waning enthusiasm about the SEC\u2019s unexpectedly positive stance on cryptocurrencies, combined with reduced retail interest, played a role in the decline. Additionally, XRP’s fortunes are closely tied to Bitcoin\u2019s, and when Bitcoin’s momentum faded, XRP followed suit.<\/p>\n