Bitcoin has surpassed XRP in JPY denominated holdings of cryptocurrency

Data by The Japan Virtual Currency Exchange Association (JVCEA), shows Bitcoin outstripped XRP JPY denominated holdings.
There is an increase in XRP accumulation, which is suggested to be attributed to the banking partnerships being added by Ripple.

Ken Chigbo Independent Analyst

The Japan Virtual Currency Exchange Association (JVCEA) released some data which reveals that as of April 2019, Bitcoin (BTC) the value of yen-denominated holdings has surpassed that of those in XRP on the domestic exchanges.

In terms of the surge in the value of exchanges’ Bitcoin holdings, it did coincide with the start of the 2019 bullish trend for Bitcoin.

The data compiled by JVCEA’s does indicate that throughout 2019, a greater amount of XRP is consistently being accumulated, suggesting that it reflects the increasing number of banking partnerships for Ripple.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.

Crypto Today: Bitcoin, Ethereum, XRP come under renewed pressure amid ETF outflows, tariff uncertainty

Bitcoin, Ethereum and Ripple are trading under increasing selling pressure at the time of writing on Tuesday, as market participants navigate renewed tariff uncertainty. The Crypto King holds above $63,000, down 2% intraday from its $64,656 open.

Bitcoin falls to two-week low as ETF outflows, tariff chaos weigh

Bitcoin price extends losses on Tuesday, ending a two-week consolidation phase. Risk-on sentiment fades amid growing uncertainty over Trump’s tariffs and rising US-Iran tensions, increasing downside risks toward $60,000.

Sui Price Forecast: SUI capitulates under pressure, opens the door to $0.70

Sui (SUI) declines by 3% at press time on Tuesday, extending the downside breakout of a short-consolidation range confirmed the previous day. Retail sentiment is bearish, as evidenced by increased long liquidations and a sharp drop in the funding rate.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.