The post Bitcoin’s 60,000% Rise: Analyst Believes XRP Could Do the Same appeared on BitcoinEthereumNews.com.

Crypto analyst StephisCrypto has generated discussion in the crypto community by comparing Bitcoin’s rise from $2 in 2012 to $1,200 in 2014 to the potential for XRP to follow a similar path. XRP has the potential to replicate Bitcoin’s growth due to two key factors: the expected approval of XRP-based ETFs, mirroring Bitcoin’s approval in January 2024, and the potential settlement of the SEC lawsuit against Ripple. In 2025, the cryptocurrency landscape is abuzz with the tale of Bitcoin’s astounding ascent from a modest $2 in 2012 to an eye-popping $1,200 by 2014 and further soaring to $108,000 by 2024. This impressive growth not only captured the attention of investors but also sparked widespread interest and adoption of Bitcoin as a reserve by multiple nations. As XRP carves out its niche in the market, analysts are now speculating whether it could replicate the trajectory that Bitcoin once followed. In a tweet, crypto analyst StephisCrypto fueled this speculation by sharing two images of price charts: one that highlights Bitcoin’s performance from 2011 to 2014 and the other that shows the current price trends of XRP. #Bitcoin went from $2 in 2012 to $1200 in 2014 What’s stopping #XRP from doing the same? pic.twitter.com/zmwa43xnxR — STEPH IS CRYPTO (@Steph_iscrypto) January 1, 2025 The Skeptics Weigh In Not everyone agrees with the idea that XRP can follow in Bitcoin’s footsteps. A user known as El Cadejo on X provided a thoughtful critique of the comparisons made in the tweet, outlining several critical differences between the two cryptocurrencies. One key difference between Bitcoin and XRP lies in their market context. Since its launch in 2009, Bitcoin has maintained its position as the dominant digital asset, attracting significant attention and demand. In contrast, XRP was introduced later in 2013 and now competes in a crowded…

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Filed under: News - @ January 5, 2025 10:17 am