Ripple’s XRP Decoupled from Ethereum and Traded in Correlation to Bitcoin in Q2

[kreslik.news]

Ripple, the New York-regulated, San Francisco-based blockchain development firm, has published its latest quarterly XRP Markets Report. It offers updates on the state of the market including commentary on price movement for Q2 2017.

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XRP finished the quarter at $0.263, a stunning QoQ increase of 1159% and YTD growth of 3977%. At its peak on May 17, XRP reached $0.394, up 6012% this year and 1787% this quarter.

XRP/FIAT volumes in Q2 were 21 times greater than XRP/BTC volumes in Q1. While some of ... (read more)