$BTC $XRP
(XRP Decouples From Bitcoin, Hits 6-Year High)
XRP, the digital asset associated with Ripple Labs, has decoupled from Bitcoin (BTC), showcasing remarkable price growth. While BTC increased slightly by 0.40% in the last 24 hours, XRP is up over 10%, demonstrating its independence from the leading cryptocurrency.
XRP hits six-year high According to CoinMarketCap data, XRP was up 10.05% in the last 24 hours to $1.62. This price is a huge achievement for XRP, the highest recorded since 2018.
It also shows XRP’s resilience despite a broader market price reversal and Ripple's ongoing legal challenges with the U.S. Securities and Exchange Commission (SEC). XRP rose from the previous day's low of $1.44 to reach an intraday high of $1.61 before settling at its current price. The daily trading volume is up 10.6% to $8.4 billion, suggesting investors’ willingness to accumulate the coin.