Bitcoin Vs. Ripple: Ripple (XRP) Shows No Resemblance to Bitcoin’s (BTC) Price Movement

  • Bitcoin and Ripple both show huge price variations in the last 24 hours.
  • The 2019’s target for Bitcoin remains around 15,000 USD to 20,000 USD & for Ripple remains around 0.75 USD.

Bitcoin has been the bone of contention of stability and reliability of the whole crypto market. The way it has gained and lost value in the last few days is something to worry about. But it should be noted that the whole market is not limited to Bitcoin only. Here is a comparison of the price movement of Bitcoin and Ripple in the last 24 hours.

Bitcoin – Ripple Price Statistics-

Bitcoin – Ripple Price Statistics

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02nd July  05:19 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,223.03% 6,547.30%
Coin Circulation 17,792,550 BTC 42,566,596,173 XRP
Market Cap 177,126,074,562 USD 16,766,379,002 USD
Value in USD 9842.76 USD 0.3903 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 28,136,297,754 USD 1,624,197,619 USD

Bitcoin – Ripple Price Comparison-

XRP has shown five major price swings in the last 24 hours, whereas Bitcoin has four swings in its share.

XRP started the day with a hike of 7.31% between 00:03 UTC and 02:18 UTC. A fall of 8.08% followed it in the next 13 hours and 22 minutes. Similarly, Bitcoin faced its first fall of 3.27% between 03:49 UTC and 07:27 UTC. The second dip of 10.33% happened between 09:44 UTC and 15:35 UTC when the coin fell from 11144.43 USD to 9993.48 USD.

XRP then faced a dip of 2.44% between 17:20 UTC and 19:53 UTC trading from 0.3973 USD to 0.386 USD. It was followed by a hike of 5.65% over the next 3 hours and 39 minutes. And finally, a dip of 4.93% was noticed between 23:29 UTC and 04:36 UTC. Similarly, Bitcoin faced a hike of 6.49% between 19:50 UTC and 00:12 UTC. And finally, the coin faced a dip of 8.22% between 00:12 UTC and 05:14 UTC.

Bitcoin – Ripple Price Prediction-

Both the coins have bullish medium-term outlook. By the end of 2019, Bitcoin is likely to be around 15,000 USD to 20,000 USD, and XRP may touch 0.75 USD. Bitcoin is likely to fall more drastically in the coming times whereas XRP may gain significantly in the recent future.

Conclusion-

Existing Bitcoin holders need to wait until the end of this year for realizing maximum returns while XRP investors may face a price rally in the coming times, so they need to reorganize their investment likewise.

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on the world's leading digital currencies.

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