Ripple: Will XRP Hit $1.50 If Bitcoin Reclaims $73,000?
The cryptocurrency market seems to be gearing up for another bullish leg, with Bitcoin (BTC) reclaiming the $71,000 level. The global crypto market cap jumped by 3% to $2.51 trillion. With BTC rallying, we may witness other crypto assets, such as Ripple’s XRP, entering the green zone, too. Also Read: Dogecoin (DOGE) To Peak And Target $0.175, Expert Shares XRP’s Struggles and Potential for Growth Source: CoinGecko While Bitcoin’s (BTC) price is moving full steam ahead, XRP continues struggling to overcome the $0.55 barrier. The asset has rallied 2% in the last 24 hours but is down 3.4% in the weekly charts, 3.7% in the 14-day charts, 15.7% in the monthly charts, and 3.4% since late October 2023. Why Is XRP Struggling Amid Bitcoin’s Rally? Ripple’s XRP token has had a rough few years. The asset is down by 84.6% from its all-time high of $3.40, which it attained in January 2018, more than six years ago. Bitcoin (BTC), on the other hand, is down by only 3.9% f...