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Cryptocurrency News Articles

XRP (XRP) Price Prediction: Will XRP Reach Bitcoin (BTC) Price?

Apr 27, 2025 at 10:37 pm

This week is also massive for the broader financial market, with about 40% of the S&P 500 companies reporting earnings.

XRP (XRP) Price Prediction: Will XRP Reach Bitcoin (BTC) Price?

The crypto market is starting the week with a slight pullback. As of Monday morning, XRP is currently trading around $0.617, showing a decrease of 0.63% in the last 24 hours.

This comes as Bitcoin has also seen a setback after touching the $95,700 resistance level last week. Meanwhile, the supply of Bitcoin on exchanges continues to decline, which could eventually lead to a supply crunch if demand remains strong. Some analysts believe this could push prices up further.

This week is also crucial for the broader financial market, with about 40% of the S&P 500 companies reporting earnings. Among them are big names like Meta, Microsoft, Amazon, and Apple, who will be announcing their results. These earnings calls could impact U.S. government policies, especially if major companies highlight economic challenges like tariffs during their reports.

XRP has faced difficulties in breaking out of its January peak, encountering obstacles from macro factors and regulatory uncertainty. However, recent on-chain data from Chain Activity Pro reveals that over 838 million XRP were moved in a single 24-hour period on Monday. This volume of on-chain activity is significant and showcases the strength of the network, even if it might not translate to immediate price surges.

In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse has indirectly hinted at XRP’s potential to reach Bitcoin’s price one day. Discussing XRP’s role in solving trillion-dollar financial problems, Garlinghouse highlighted that Ripple collaborates closely with banks and works constructively with regulators, even in an environment marked by uncertainty.

Explaining that XRP is being used by banks in several countries, he elaborated on how the token is facilitating cross-border payments, foreign exchange transactions, and trade finance—highlighting the global scale of XRP’s adoption. He stated that by working with the financial system rather than against it, XRP is well-positioned to scale globally. His comments suggest that XRP has the utility, partnerships, and long-term vision needed to eventually rival Bitcoin in value.

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