Ripple prices are upbeat on Monday morning, benefitting from two tailwinds: A reverse-rotation from Bitcoin to altcoins, and the start of Ripple’s SWELL conference.
We will provide a rundown of SWELL highlights in tomorrow’s Ripple news update. However, today’s update will focus on the reverse-rotation of cryptocurrency funds.
The shift in flow was apparent to anyone looking at BTC Dominance.
For those unfamiliar with BTC Dominance, it is a measure of how concentrated funds are in Bitcoin (relative to the rest of the crypto market). When it.
The post Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin appeared first on Profit Confidential.
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Ripple Price Forecast: XRP Surges 9% on Reverse-Rotation from Bitcoin to Altcoin
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