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Bitcoin holds near $80K as XRP eyes $1.50 amid upcoming XRP Ledger upgrade and US inflation data.

Market News
08 Sep 2026
Bitcoin
View Source
Neutral
Bitcoin holds near $80K as XRP eyes $1.50 amid upcoming XRP Ledger upgrade and US inflation data.

Bitcoin and XRP have closely mirrored each other in price movements since early September, both peaking on Sept. 3 and then pulling back similarly due to shifting Federal Reserve expectations. This week presents a key test for XRP's independence with the XRP Ledger upgrade scheduled around Sept. 11, alongside the release of US inflation data. While Bitcoin lacks a comparable catalyst, XRP's upgrade could drive its price above $1.43 toward $1.50 if it starts responding to its own fundamentals rather than macro trends. The inflation data will further reveal if their price correlation is structural or if XRP can decouple and attract distinct institutional interest.

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