Bitcoin Vs. Ripple: Bitcoin’s (BTC) Shadow Can be Seen on Ripple (XRP); Bullish Run is Likely to Happen Very Soon
- The growth pattern of both Bitcoin & Ripple is similar for the last 24 hours.
- Both the coins have a bullish medium-term outlook.
The whole crypto market is on a growth path after Bitcoin gained, particularly in the last few days. This growth has impacted the other coins significantly as well. Bitcoin’s growth can be easily compared to the growth pattern of Ripple (XRP). Here is an analysis of the growth pattern of Bitcoin and Ripple with respect to price movements in the last 24 hours. The medium-term outlook of both the coins is bullish. Let us look at the current details of the coin first.
Bitcoin – Ripple Price Statistics-
| 29th June 05:44 UTC | Bitcoin (BTC) | Ripple (XRP) |
| Rank | 1st | 3rd |
| ROI (Return on Investment) | 8,508.75% | 6,901.13% |
| Coin Circulation | 17,786,925 BTC | 42,566,596,173 XRP |
| Market Cap | 207,119,786,077 USD | 17,492,426,813 USD |
| Value in USD | 11,529.60 USD | 0.4068 USD |
| All-Time High | 20,089 USD | 3.84 USD |
| 24h Volume | 32,984,849,636 USD | 1,879,703,820 USD |
Bitcoin – Ripple Price Comparison-
Both the coins have shown five major price variations each in the last 24 hours. Bitcoin faced its first fall between 01:20 UTC and 05:21 UTC and that is of 6.53% trading from 11508.70 UTC to 10762.71 UTC. A huge hike of 12.16% followed it in the next 6 hours and 36 minutes trading from 10762.71 UTC to 12077.07 UTC.
The same way, XRP faced its first fall of 3.39% between 00:57 UTC and 03:14 UTC. It was also followed by a hike of 4.74% in the next 5 hours 33 minutes where the coin traded at 0.4163 USD.
Both the coin then faced a steep fall. Bitcoin’s fall started at 11:57 UTC and lasted till 13:25 UTC, and it was of 4.36%, and Ripple fell by 2.62% in 4 hours 26 minutes starting from 08:48 UTC.
Bitcoin then got hiked by 7.39% between 13:25 UTC and 20:02 UTC only to fall by 8.23% in the next 8 hours and 3 minutes. The same way Ripple got its value hiked at 4.77% between 13:10 UTC and 23:55 UTC to fall again by 5.55% in the next 4 hours and 5 minutes.
Bitcoin – Ripple Price Prediction-
Both Bitcoin and Ripple have bullish medium-term outlook. Bitcoin is likely to be around 15,000 USD to 20,000 USD by the end of this year and Ripple is likely to be around 0.7 USD within this period. Both the coins may show many steep ups and downs.
Conclusion-
Both the coins are not at their best prices as of now. So, investors can make buying decisions now at this price to reap maximum profits on their current investments later.
