As the largest market capitalization cryptocurrency, Bitcoin has been dominated by cryptocurrency market dominance, the ups and downs of the market. In the first quarter, while the market value of Bitcoin was slashed, Ruibo currency was also cut off by about 70% of the market value.
However, according to CNBC reported that reboxetine (Ripple) CEO Brad Garlinghouse (BradGarlinghouse), "said cryptocurrency prices are highly correlated with Bitcoin phenomenon coming to an end, because the market began to see the differences between these assets. "
He said:"There is a very high correlation between XRP prices and Bitcoin prices, but after all, they are independent open source technologies. It is too early to see a more rational market over time. And there is a direct market behavior that reflects this rationality.”
Cryptographic currency security has always been the focus of financial regulators. The U.S. Securities and Exchange Commission’s chairman Jay Clayton made it clear in March on all ICOs constitute securities that reboxetine has been that different from other classification XRP cryptocurrency . Garlinghouse aslo pointed out some of the differences between XRP and classic securities such as stocks.
He said: "Holding XRP does not mean that you have rights to company profits or any dividends."
