XRP price closely follows Bitcoin but with larger percentage swings, says Bill Morgan.

Bill Morgan highlights that XRP's price movements are strongly correlated with Bitcoin's, with a 90-day correlation around 0.628. However, XRP tends to experience sharper and longer-lasting drops compared to Bitcoin, often falling about 1.55 times deeper during declines. Morgan also dismisses the idea that XRP's monthly escrow releases significantly impact its price, attributing price behavior mainly to Bitcoin's market trends. This insight helps investors understand XRP's volatility relative to Bitcoin and the factors influencing its price.