XRP shot up 60% in days and then collapsed 37% in a single minute, and the borrowed money that caused both moves is still sitting in the market. What that means for the next time Bitcoin slips depends on which…
Bitcoin Is Stuck Below $80,000. What Does That Mean for XRP?
XRP shot up 60% in days and then collapsed 37% in a single minute, and the borrowed money that caused both moves is still sitting in the market. What that means for the next time Bitcoin slips depends on which…
24/7 Wall St.
Publisher
Aug 29, 2026 at 11:02 PM UTC · 4 min de lectura

Entities
bitcoin, xrp
Market Impact
Total MCap-2.77%
Last Updated
hace 42 minutos
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The Bitcoin (CRYPTO:BTC) price climbed above $80,000 on August 25, 2026, reaching more than $81,000 before pulling back. Bitcoin now trades around $78,000, while XRP (CRYPTO:XRP) has dropped to $1.39, well off the $1.70 price it reached during the rally that began on August 19.
Bitcoin is up roughly 21% over 30 days and XRP 28.5%, but both have gone quiet since the rally, with Bitcoin flat over seven days and XRP up 7.2%. The borrowed money that carried XRP higher is still in the market, which is the reason XRP has moved further than Bitcoin in both directions.
What August 22 Revealed About XRP’s Dependence on Bitcoin

The XRP price gained more than 60% between August 19 and August 22, 2026, and traders were buying on leverage, borrowing against their own money to take bigger positions than they could otherwise afford. Bitcoin climbed from $63,600 to $79,500 over the same stretch after the US Treasury expanded its bond buybacks, and that run had already wiped out $2.7 billion of short bets, five times what would close out on the way back down.
Market Context
Bitcoin
BTC
$78,247
+0.52% (24H)
Market Cap
$1.57T
24H Volume
$13.1B
24H High
$78,316
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