Bitcoin's influence over cryptocurrency prices could end soon, says Ripple CEO

in cryptocurrency •  6 years ago 

Cryptocurrency prices have been highly correlated with bitcoin, falling in lockstep for the first half of 2018.
That could be coming to an end as markets begin to understand the major differences between cryptocurrencies and their use cases, says Ripple CEO Brad Garlinghouse.
"It's early, over time you'll see a more rational market and behaviors that reflect that," Garlinghouse says.

ref: https://www.cnbc.com/2018/05/30/bitcoins-influence-over-cryptocurrency-prices-could-end-soon-says-ripple-ceo.html

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!