Will XRP Hold Ground Amidst Bitcoin’s Downturn? Expert Analysis

XRP price remains relatively steady around the $3 mark, but a looming downturn in the broader cryptocurrency market casts uncertainty on its future. Bitcoin has recently slipped below $109,000, and prominent economist Peter Schiff warns of an even deeper drop towards $75,000. This, coupled with political instability surrounding the U.S. Federal Reserve’s rate decisions, is creating a precarious situation for XRP’s short-term outlook. If Bitcoin continues its decline, XRP could quickly lose its current support level.