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Ripple : Why does XRP follow Btc only when it drops?

Ripple update: Why does XRP follow Btc only when it drops?


When BTC rises XRP stays mostly unmoved, but when BTC falls XRP does the same.
When BTC was 5700 XRP was around .43 and now BTC is 8000 and XRP around .45. I understand decoupling, but why does it happen only on its way down?




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About Ripple (XRP)



Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.

Author: barligea

Score: 6

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