Bitcoin Price Won’t Link With XRP Price, Says Ripple CEO Garlinghouse



Bitcoin Price Won’t Link With XRP Price, Says Ripple CEO Garlinghouse
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Brad Garlinghouse, the CEO of Ripple and co-founder of blockchain consider the past analogy between Bitcoin price and XRP could be overstated.

Speaking to CNBC, Brad argued that shareholders have understood the section use cases that each scheme offers. That how it performs as a trigger for the separation.

In a conversation with CNBC, Garlinghouse said:

“There’s a very positive association between the price of XRP and the price of bitcoin, but these technologies are both free open-sourced. It’s early, over time you will see a shrewd market and behaviors that reflect that.”

Garlinghouse’s illustration of the liberated use cases for the copious digital assets echoes the peculiar asset classes in the extensive business markets such as stocks, bonds, commodities and more. Bitcoin would be in a distinct class asset under the cryptocurrency umbrella if the price capability were to be no longer traded behind others with the universal crypto market.

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