Pro-Crypto Lawyer Highlights 96% Bitcoin and XRP Price Correlation

Pro-Crypto Lawyer Highlights 96% Bitcoin and XRP Price Correlation

Source: UToday

Published:2026-05-19 13:42

BTC Price:$76819.1

#xrp #btc #cryptocorrelation

Analysis

Price Impact

Med

A 96% correlation between btc and xrp is a significant finding that suggests xrp's price is heavily influenced by bitcoin's movements, challenging theories of xrp decoupling. while not a direct catalyst for immediate price spikes, it implies that broader market trends affecting bitcoin will likely impact xrp similarly.

Trustworthiness

Med

Price Direction

Neutral

The article highlights a strong correlation, meaning xrp tends to move with bitcoin. it doesn't predict a specific direction for either but suggests that if bitcoin goes up, xrp is likely to follow, and vice versa. the neutrality reflects the absence of a directional prediction.

Time Effect

Short

The 96% correlation figure is explicitly stated to be based on the last week's data. while the 81% monthly correlation provides a slightly longer timeframe, the emphasis on the recent, high correlation suggests a shorter-term influence rather than a long-term fundamental shift.

Original Article:

Article Content:

Cover image via U.Today Bitcoin and XRP price correlation discussed Morgan mocks viral "escrow dump theory" Advertisement Pro-crypto lawyer Bill Morgan has re-ignited discussions on the longstanding debate about XRP decoupling from Bitcoin, invalidating the idea with his new research. The crypto veteran has just highlighted a short-term correlation between Bitcoin and XRP price movements, suggesting that the two cryptocurrencies have been moving in similar steps in recent market activity. Bitcoin and XRP price correlation discussed In his statement, Morgan claimed that the correlations between Bitcoin and XRP price movements are growing stronger in recent weeks, backed by the results of a quick data check from an AI tool he used on the matter. HOT Stories XRP-Linked Ripple Never Had Gag Order, Clarifies SEC Veteran; Binance Drops Major Uniswap and Bitcoin Pairs; Crypto Faces Shai-Hulud Malware Again - Morning Crypto Report 250 Million XRP in 24 Hours Hits Ledger Amid Rising Market Recovery Potential According to Morgan, the data checker showcased a very strong correlation between the two major cryptocurrencies over both weekly and monthly periods. Advertisement You Might Also Like Tue, 05/19/2026 - 10:41 XRP Real-World Asset Value Hits All-Time High By Caroline Amosun Notably, the tool estimated a 96% correlation between Bitcoin and XRP over the last week. The data was derived based on the last seven-day crypto trading period leading up to May 19, 2026. Moreover, it also showed data over a monthly period, revealing that the correlation has remained strong at about 81% over the last 39 days. Advertisement Apparently, the data suggests that the two assets, Bitcoin and XRP, have continued to share a close alliance in their recent price trajectory amid short-term volatility. Morgan mocks viral "escrow dump theory" Morgan shared the result of his research, challenging the recurring market narrative that claimed that XRP was moving to decouple from Bitcoin. There have been speculations that XRP price patterns are majorly influenced by internal token dynamics like the supply pressure from the regular Ripple escrow unlock event. Following his assertions, Morgan believes that the broader crypto market movements, especially that of Bitcoin being the dominating asset, can significantly influence XRP's price action. He believes this has been the case in recent times. Nonetheless, the crypto community has expressed mixed reactions to Morgan's opinion on Bitcoin and XRP price moves. #XRP #Bitcoin #Ripple News