Since their inception, altcoin prices have mostly risen and fallen with the price of Bitcoin. According to Ripple CEO Brad Garlinghouse, those days are numbered. “There’s a very high correlation between the price of [Ripple] and the price of bitcoin, but ultimately these are independent open-sourced technologies,” Garlinghouse told CNBC. “It’s early, over time you’ll see a more rational market and behaviors that reflect that.” In the earliest days of altcoins, it was a necessary evil. Entering a cryptocurrency market was typically accomplished in a fairly straightforward manner: purchase Bitcoin (BTC) by trading your preferred currency (like USD) for an…
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