Bill Morgan Cites 96% Bitcoin-XRP Correlation Over Past Seven Days

On May 19, 2026, pro-crypto lawyer Bill Morgan published AI-backed analysis showing Bitcoin and XRP moved in near lockstep, with a 96% price correlation over the prior seven days and an 81% correlation over the last 39 days. The data challenges narratives that XRP has decoupled from Bitcoin or that Ripple escrow releases primarily drive XRP moves. Instead, the findings reinforce Bitcoin’s dominant influence on XRP in the near term, prompting traders to adjust hedging and allocation strategies accordingly. Community reactions remain mixed, with some still attributing longer-term XRP direction to Ripple-specific factors. The report serves as a market-data signal rather than a price forecast.