Bitcoin reclaiming its $69,000 holder cost basis could open XRP’s path to $1.26
Bitcoin’s short-term holder cost basis near $69,000 is the key recovery level to watch. If Bitcoin reclaims it, the move could shift broader crypto sentiment, but XRP’s outcome depends on the XRP/BTC ratio more than its dollar price. XRP has recently lagged Bitcoin, with the ratio falling from about 0.0000185 to 0.0000171, meaning XRP has lost ground even as its USD price hovered near $1.09. If Bitcoin reaches $69,000 and XRP/BTC stays flat, XRP would only rise to about $1.18–$1.19. If XRP repeats its early-July outperformance, it could reach around $1.22. A stronger rotation back to the recent high ratio near 0.0000183 would put XRP near $1.25–$1.26, signaling capital flowing into XRP specifically. If Bitcoin is rejected at $69,000 or XRP/BTC keeps weakening, XRP may fail to even reach the baseline.
