Morgan Defends XRP as Ripple Sales Debate Returns on X
Pro-Ripple attorney Bill Morgan disputed criticism linking XRP’s performance to Ripple’s token sales.
Pro-Ripple attorney Bill Morgan disputed criticism linking XRP’s performance to Ripple’s token sales. Bitcoin (BTC) is trading at $75,810.00, down 0.5% since this brief published. This is an original TLT brief based on reporting by CaptainAltcoin, with live market data added, as of Thu, 05 Nov 2026 17:45:02 UTC.
The exchange revives scrutiny of Ripple’s supply-side activity and its possible influence on XRP, a question that remains contested in the available coverage.
- Bill Morgan rejected criticism of XRP tied to Ripple’s token sales.
- The debate began after an X user argued most Ripple sales occurred from 2017 onward.
- XRP trades at $1.24, down 5.15% over 24 hours.
- Bitcoin fell 5.21% as the broader crypto market declined.
- Washington Crypto Policy Debate Returns After US Midterms
- Morgan Defends XRP as Ripple Sales Debate Returns on X — this brief
Pro-Ripple attorney Bill Morgan pushed back against a 
Bitcoin supporter who questioned 
XRP’s performance following Ripple’s increased token sales. The dispute emerged on X after a user argued that most of Ripple’s XRP sales occurred from 2017 onward, according to CaptainAltcoin’s report of the exchange.
The available coverage does not specify the critic’s identity or provide the sales figures used in the original argument. Morgan’s response is presented as a rejection of the criticism, rather than as a detailed accounting of Ripple’s transactions, making the precise basis for his rebuttal unclear from the supplied summary.
The renewed debate arrives during broad weakness across digital assets. XRP is trading at $1.24, down 5.15% over 24 hours and 4.92% over seven days, with a market capitalization of $78.59 billion. Bitcoin stands at $76,183 after declining 5.21% over 24 hours and 6.52% over seven days; its market capitalization is $1.53 trillion. Total crypto market capitalization is $2.63 trillion, while the Fear & Greed Index registers 50, indicating a neutral reading.
The exchange matters because it focuses attention on the relationship between Ripple’s sales activity and XRP’s market performance. With XRP and Bitcoin both declining over the same 24-hour period, the reported argument does not establish a direct market effect. What remains central to the conversation is the size and timing of Ripple’s sales and whether Morgan’s response addresses the user’s claim about the period beginning in 2017.
Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from $76,183.00 to $75,810.00 — -0.49%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦104.77M (about $75,810.00), down 5.6% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Morgan Defends XRP as Ripple Sales Debate Returns on X — questions & answers
What sparked the latest debate about Ripple’s XRP sales?
An X user argued that most Ripple XRP sales occurred from 2017 onward and linked the sales to XRP’s performance, prompting a response from Bill Morgan.
How is XRP performing amid the renewed debate?
XRP is priced at $1.24, down 5.15% over 24 hours and 4.92% over seven days, with a market capitalization of $78.59 billion.
What is the broader crypto market doing?
The overall crypto market is broadly down, with a $2.63 trillion total capitalization. Bitcoin fell 5.21% over 24 hours, while the Fear & Greed Index held at 50.
How much is 1 Bitcoin worth in naira today?
About ₦104.77M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $75,810.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.49% since this brief first published — trading at $75,810.00 now versus $76,183.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CaptainAltcoin. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.