XRP Upgrade Tests Independence Amid Inflation Data
Bitcoin and XRP have been moving in tandem since early September, both peaking on Sept. 3 and then pulling back due to shifting Federal Reserve expectations.
This week presents a key test for XRP's independence with the upcoming XRP Ledger upgrade scheduled around Sept. 11, alongside the release of US inflation data.
The XRP Ledger upgrade could drive its price above $1.43 toward $1.50 if it starts responding to its own fundamentals rather than macro trends.
Meanwhile, Bitcoin lacks a comparable catalyst, but its price remains near $80K as institutional investors continue to buy in.