The debate about XRP’s true worth in the cryptocurrency industry has resurfaced, with pro-crypto lawyer Bill Morgan arguing that the asset was deliberately suppressed. In a post on X, Morgan claimed that an article by respected journalist Felix Salmon in 2013, “The Promise of Ripple,” has been largely made hard to find online.
Bill Morgan flags alleged suppression of XRP narrative
Morgan argued that the article validates the superiority of XRP over Bitcoin (BTC) at the time. He maintained that in the early days, even respected journalists were skeptical about Bitcoin but very positive about Ripple-associated XRP He wondered why XRP’s positive narrative has been largely buried.
To support his assertion, Morgan stated that even the X platform’s chatbot, Grok, claimed “The Promise of Ripple” no longer exists. He highlighted this as a deliberate attempt to sideline the potential of XRP in the broader crypto space.
Notably, Morgan’s stance came as a continuation of his earlier update that part of a sensitive file released in the U.S., which contained Salmon’s thoughts about XRP, was redacted. He implied that blanking that section out meant that there was still a deliberate move to suppress XRP, some 13 years later, in 2026.
The digital asset enthusiast also insinuated that Bitcoin’s success in the crypto space is not just organic and technical. Rather, it is a result of “Bitcoin propaganda.”
Morgan suggests that Bitcoin advocates successfully drowned out competing ideas while minimizing XRP’s. In essence, he is accusing Bitcoin proponents of negatively reframing XRP so that Bitcoin could gain an advantage.
He maintained that the redaction of XRP in the recently released sensitive file proves his assumption. Morgan insisted that the blacked-out section of the U.S. sensitive files was about protecting a narrative. He claims that XRP was once seen as technically superior to Bitcoin.
Market reality: Bitcoin dominance still holds
Despite Morgan’s opinion, Bitcoin advocates consider the asset to be the leading digital currency
Bitcoin continues to dictate the price outlook of different crypto assets in the sector. Its recent plunge by over 10% in the last week has seriously affected altcoins in the sector.
XRP has experienced an 11.66% decline within the same one-week period. As of press time, XRP was exchanging hands at $1.40, which represents a 2.85% decline in the last 24 hours. The highest intraday peak of XRP comes in at $1.47 within this period.
The XRP’s trading volume has also dropped by 12.78%, or $3.17 billion within the same time frame.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC up 0.49% in 15 minutes: Short squeeze and U.S. economic data jointly drive the market
From 2026-04-09 08:30 to 2026-04-09 08:45 (UTC), BTC surged quickly within the USDT 70979.6 to 71333.3 range. The 15-minute return was +0.49%, with a range (amplitude) of 0.50%. Near-term market volatility intensified, market attention increased significantly, the number of active on-chain addresses remained consistently above 120k, and daily trading volume exceeded $2.0 billion, reflecting rising user participation.
The main driving force behind this abnormal move was a large-scale liquidation of short positions in the futures market, with approximately $273 million in short funds being forced to liquidate during this period
GateNews56m ago
Bitcoin’s implied volatility drops to an intra-year low, and the market is reacting mildly to Friday’s CPI data
April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.
GateNews1h ago
Hyperliquid’s combined trading volume of its two perpetual contracts for the first time surpassed BTC, reaching $2.45 billion.
Gate News message; on April 9, according to official Hyperliquid data, the combined trading volume of WTI crude oil (U.S. West Texas Intermediate crude oil) and Brent crude oil (Brent crude oil) perpetual contracts surpassed Bitcoin for the first time. The data shows that Bitcoin’s trading volume was $2.29 billion, WTI crude oil’s trading volume was $1.68 billion, and Brent crude oil’s trading volume was $770 million; the combined volume of the two oils reached $2.45 billion.
GateNews1h ago
The Bhutan government transferred 319.7 BTC three hours ago; its current holdings are down 70% from the peak.
The Royal Government of Bhutan has recently transferred approximately 319.7 BTC, valued at $22.68 million, and currently holds 3,954 BTC. Since this year began, the government has moved out $215.7 million worth of Bitcoin, and its holdings are down by about 70% from their peak. Bitcoin assets are managed by the national sovereign wealth fund.
GateNews2h ago
