Leveraged XRP bulls are at potential risk of facing significant losses, described as a "bloodbath," if Bitcoin's market dominance rises again. This warning comes from Pav Hundal, lead analyst at Swyftx.
The statement suggests ongoing volatility in the cryptocurrency markets, particularly for those heavily invested in XRP. The future market movements of Bitcoin could have substantial impacts on other cryptocurrencies.
This highlights the precarious nature of leveraged positions in the market and the influence of Bitcoin on altcoins like XRP.
Дереккөз: insidebitcoins.com ↗