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  3. CoinRoutes CEO Describes XRP as a "Leverage Beta on Bitcoin" – Here's the Explanation

CoinRoutes CEO Describes XRP as a "Leverage Beta on Bitcoin" – Here's the Explanation

Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 02 2025
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  • XRP's Market Position: David Weisberger, CEO of CoinRoutes, described XRP as a "leverage beta on Bitcoin," indicating that its price movements closely follow Bitcoin's trends but with less success, suggesting a lack of independence in the market.

  • XRP's Resilience: Despite facing legal challenges and competition from other cryptocurrencies like Ethereum and Solana, XRP has maintained a strong user base and has outperformed Ethereum in 2025, demonstrating its relevance in the cross-border payment infrastructure.

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About the author

Ohris M. Greyoon
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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