Lawyer Reveals Why XRP Is Down in the Last 24 Hours

The cryptocurrency market has entered another choppy phase, and XRP has not been ￰0￱ the last 24 hours, the token recorded a modest decline , catching the attention of traders and investors ￰1￱ casual observers might expect a company-specific trigger, the reality behind this dip is more nuanced and rooted in the market’s broader ￰2￱ Snapshot: A Mild Pullback XRP’s price dipped slightly over the past day , following a broader market trend of subtle declines in digital assets. Bitcoin, the market’s bellwether, also retreated within the same period, setting the tone for other major ￰3￱ kind of synchronized move is typical during profit-taking phases, when investors temporarily shift funds into cash or ￰4￱ is no mystery why XRP price is down the last 24 ￰5￱ playing follow the ￰6￱ is the overwhelming reality and the most significant factor in XRP price movement which is heavily correlated with Bitcoin price ￰7￱ is consistent with Ripple’s expert… ￰8￱ — bill morgan (@Belisarius2020) September 19, 2025 Follow-the-Leader Dynamics Australian lawyer and well-known crypto commentator Bill Morgan addressed the decline directly on X, stating, “There is no mystery why XRP price is down the last 24 ￰9￱ playing follow the leader.” His statement reflects a key market observation: XRP’s price swings tend to track Bitcoin’s trajectory in the short ￰10￱ Bitcoin dips, altcoins, especially those with deep liquidity such as XRP, tend to ￰11￱ Context from SEC ￰12￱ This correlation is not just trader folklore; it has been documented in the ￰13￱ the high-profile SEC ￰14￱ case, Ripple’s expert witnesses presented evidence showing that XRP’s price has historically moved in tandem with Bitcoin’s market ￰15￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 They argued that these patterns prove XRP’s valuation is primarily influenced by broader crypto-market forces rather than Ripple’s corporate ￰16￱ the case has now concluded , expert testimony remains a key reference point for analysts examining XRP’s price ￰17￱ for Traders and Investors For market participants, the lesson is straightforward: XRP’s short-term price action will likely continue to shadow Bitcoin until a significant, independent catalyst ￰18￱ a catalyst could be major institutional adoption , expanded use in cross-border settlement, or new financial products that drive demand specifically for ￰19￱ then, traders should expect that Bitcoin’s market moves will remain the most significant influence on XRP’s day-to-day ￰20￱ Morgan’s observation underscores a reality seasoned traders already know—XRP’s latest dip is less about Ripple itself and more about the gravitational pull of Bitcoin on the wider crypto ￰21￱ : This content is meant to inform and should not be considered financial ￰22￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰23￱ are urged to do in-depth research before making any investment ￰24￱ action taken by the reader is strictly at their own ￰25￱ Tabloid is not responsible for any financial ￰26￱ us on Twitter , Facebook , Telegram , and Google News