XRP Price Could See an Impressive Spike If It Follows the Path Laid by Bitcoin

For context, leading asset manager Ark Invest recently adjusted its Bitcoin price predictions for the end of the current decade, considering prevailing market realities.

Asset manager Ark Invest recently made an adjustment to its Bitcoin price predictions for the end of the current decade, considering the prevailing market realities. As reported by The Crypto Basic, the firm presented this update in a report within the series “Big Ideas 2025.”

Specifically, analysts at the firm believe Bitcoin’s worst-case scenario would see its price reach a range of $300,000 to $500,000 by 2030, with the base case scenario projecting a run to $1.2 million. Meanwhile, they expect an uptick to $2.4 million by 2030 in the bull case, representing a 73% compound annual growth rate (CAGR).

For context, the $2.4 million price would represent a massive 2,435% increase from Bitcoin’s current price of around $94,000. However, such an impressive increase in the pioneering crypto asset’s price would have a widespread impact on the broader crypto market, with XRP potentially benefitting.

Bitcoin and XRP Price Correlation

Notably, CoinMarketCap data confirms that over the past month, XRP price has persistently followed Bitcoin’s direction with some slight deviations. Both assets have generally taken the same path this month, especially during the market-wide turbulence amid macroeconomic tensions.

Interestingly, with BTC increasing by 7.7% in the last seven days, XRP has gone up by 7.1% within the same period. While this close price correlation can be detrimental if Bitcoin sees a downtrend, the phenomenon is also beneficial to XRP when the firstborn crypto records a massive uptick in price.

Consequently, a rally to the $2.4 million mark would equally lead to an impressive run for XRP price.

XRP Price if BTC Reaches $2.4M

Specifically, as Bitcoin increases by 2,435% to the $2.4 million price mark, XRP could observe a comparative 2,400% increase. With XRP price currently sitting at $2.27, a rally of this magnitude would push it to $56.75.