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

in #cryptocurrency6 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

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