Post
Topic
Board Altcoin Discussion
Re: XRP dumped and BTC goes up, coincidence ?
by
bryant.coleman
on 28/12/2020, 06:08:48 UTC
btc price going up after xrp dump, can anyone deny it ?

Bitcoin prices are going up, but that has nothing to do with the XRP dump. Bitcoin prices were going up even before the announcement regarding XRP came from the SEC. There may be some impact due to XRP holders converting their tokens to BTC, but the main driver is not Ripple dumping. As far as I can see, most of the XRP trade volumes are against USDT, with BTC being a distant second.