Bitcoin has dropped back from its record high of more than $123,000 and weakness looked to be spreading to XRP and Ether.

Bitcoin was rising after the signing of the Genius Act but Ether, XRP and Solana looked to be bigger beneficiaries.

Thus, a breakout in the XRP/BTC ratio could mean significant gains for XRP relative to bitcoin. XRP/BTC's monthly chart.

XRP (XRP-USD) has surged around 10% in the last 24 hours and is up around 34% in the past week. Click to read.

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