CoinRoutes CEO Calls XRP a “Leverage Beta on Bitcoin”. Here’s why

Xaif (@Xaif_crypto), a crypto enthusiast, recently shared a clip featuring a panel of well-known market voices. He highlighted a remark about XRP from the video and added his own counterpoint on the digital asset’s position relative to Bitcoin. The short segment featured David Weisberger, CEO and Co-Founder of CoinRoutes, who offered a direct view on how XRP has tracked against the broader crypto market. The discussion brought together several experienced analysts and investors. Scott Melker, known in the industry as The Wolf Of All Streets, was part of the panel. Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, also participated, alongside James Lavish, a former hedge fund manager and crypto expert. Weisberger remarked that XRP had “underperformed” and described it as “leverage beta on Bitcoin.” This characterization suggests a view of XRP’s price behavior as largely tied to movements in Bitcoin , the market’s dominant cryptocurrency. Look at $XRP… it’s basically been what it’s been.” Mike McGlone says XRP is a “leverage beta on Bitcoin” while $SOL & $ETH also struggle Someone tell him $BTC was just the beta test coin for $XRP . pic.twitter.com/XrGsYab7Aj — Xaif Crypto | (@Xaif_Crypto) September 1, 2025 How Weisberger Frames XRP In market terms, labeling an asset as leverage beta suggests that it tends to move in the same direction as another benchmark asset, often with amplified volatility but without breaking from the benchmark’s overall trajectory. In this context, Weisberger was saying that XRP has mirrored Bitcoin’s path but with less success in delivering outperformance. He followed this by stating it has “basically been what it’s been,” suggesting that XRP has remained consistent in this dynamic. For critics, such an observation could be interpreted as XRP lacking independence in market structure. However, this reading overlooks the unique role XRP has played over time and its ability to hold relevance despite prolonged legal and regulatory scrutiny . Defending XRP’s Position While Ethereum and Solana continue to face scaling and ecosystem challenges , XRP has retained an established user base and remains integral to cross-border payment infrastructure. XRP has also surpassed Solana by a considerable distance. It has spent most of 2025 outperforming Ethereum . Weisberger’s view that XRP has underperformed relative to Bitcoin may reflect short-term price comparisons rather than the broader structural picture. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Despite periods of stagnation, XRP has demonstrated resilience, outpacing Bitcoin in certain metrics and surviving the war on crypto while leading the industry toward regulatory clarity. While Weisberger’s comment positioned XRP as a secondary play, the reality is that few assets have maintained longevity in such a competitive environment. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post CoinRoutes CEO Calls XRP a “Leverage Beta on Bitcoin”. Here’s why appeared first on Times Tabloid .