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.
Ripple USD (RLUSD) stablecoin's circulating supply rose to $2.491 billion, narrowing the gap with PayPal USD (PYUSD) to about $248 million as of late September 2026. RLUSD increased by $82.1 million during the period, while PYUSD stood at $2.739 bill...
Ripple's RLUSD stablecoin surged to a record $2.49 billion, adding $82.1 million in one day and narrowing the gap to Paypal's PYUSD, which stands at $2.74 billion but has shrunk 22% this year. RLUSD has grown 86% since early 2026, while PYUSD has dec...
XRP's price increased by 2.11% within one hour to $1.52, partially recovering from a 24-hour decline. This rise was driven by $370,000 worth of short position liquidations on exchanges like Binance, Bybit, and OKX, while no long positions were liquid...
Veteran trader Peter Brandt highlighted the XRP chart's interesting price compression patterns that historically led to strong rallies, sparking renewed interest in the token. However, he clarified that he has not bought XRP nor set a new price targe...
Wintermute, a market maker, has taken a heavily short-biased position on the Hyperliquid trading platform, holding about $93 million in short positions versus $5.12 million in longs. The largest short is on Ether (ETH) valued at $47.19 million, with ...
