TL;DR
Bitcoin Surge: Bitcoin’s price exceeds $41K, up over 10% since December 1st, potentially signaling an altcoin season and influencing Ripple (XRP) prospects.
Ripple’s Performance: XRP’s modest increase to $0.64, with a 5.4% gain since December 1st, contrasts Bitcoin’s rise; increased derivatives market interest hints at future volatility.
Influencing Factors: Ripple’s price may be impacted by the December 13th FOMC meeting and specific catalysts like company developments, the ongoing SEC lawsuit, and IPO speculation.
Bitcoi
Bitcoin’s price is kicking off December with a bang. It’s up over 10% since December 1st, and it’s trading above $41K for the first time in 19 months.
Many analysts seem to believe that there’s an altcoin season brewing now that Bitcoin’s price has increased so much, and an interesting question is if Ripple (XRP) will be able to follow in its lead. There are multiple factors to consider, so let’s dive in.
Ripple’s Price So Far in Decembe
We współpracy z: https://cryptopotato.com/will-ripple-xrp-price-follow-the-bitcoin-bull-run-in-december/