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How High Can XRP Go If Bitcoin Hits $100,000?

August 13, 2024
in Altcoin3
Reading Time: 5 mins read
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XRP May Be Nearing its Biggest Price Increase Ever

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Ripple’s XRP token recently surged after the US High Court ruled favorably in the fintech company’s lawsuit with the SEC.

However, the rally did not last very long, with XRP’s price falling from $0.63 to $0.56 over the last few days. Bitcoin (BTC), on the other hand, is struggling to overcome the $60,000 resistance level.

Also Read: Ripple vs. SEC: The Battle Isn’t Over Yet!

How High Will XRP Go If BTC Hits $100,000?

ripple xrp

Potential XRP Price Increase

If Bitcoin (BTC) hits $100,000, it will entail a rally of about 68.28% from current levels. If we consider a similar growth of XRP, the asset’s price will reach around $0.95, just shy of the $1 mark.

Comparison to All-Time Highs

Although Ripple’s XRP reaching $0.95 will be a commendable feat, it will still be 257.8% short of its all-time high of $3.40. On the other hand, hitting $100,000 will be a new all-time high for BTC.

Also Read: Ripple: Here’s How To Be A Millionaire If XRP Hits $10

When Will Bitcoin Hit $100,000?

Bitcoin BTCBitcoin BTC

Historical Performance

BTC is among the best-performing assets of the last decade-and-a-half. Its price went from under $1 in 2010 to over $70,000 in 2024.

Changelly’s Predictions

Bitcoin BTC Changelly price predictionBitcoin BTC Changelly price prediction

According to Changelly analysts, Bitcoin (BTC) could breach the $100,000 level in August 2025, about a year from now, hitting a maximum price of $103,262.83 for the month.

The platform anticipates BTC hitting a maximum price of $73,959.65 in 2024, a new peak for the asset. Changelly predicts Ripple’s XRP will hit a maximum price of $0.79 this year.

Telegaon Predictions

Telegaon Bitcoin BTC price predictionTelegaon Bitcoin BTC price prediction

Telegaon researchers also paint a similar picture for the most significant crypto by market cap, predicting it to hit a maximum price of $125,360.85 next year.

Also Read: Bitcoin City: El Salvador’s Big Bet in the Crypto World

Telegaon predicts Bitcoin (BTC) will hit a maximum price of $96,919.93 in 2024, a rise of over 63% from current levels. As for Ripple’s XRP token, Telegaon researchers anticipate the token to hit a maximum price of $1.28 this year.

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