Nansen analyst: encryption investors are looking for new developments to "promote the Bull Market", including Trump's future policy direction

Odaily Planet Daily News Nansen’s chief research analyst, Aurelie Barthere, said that cryptocurrency investors are looking for new developments to “promote the bull market.” This will include news of the cooling of US inflation and labor market, or the direction of future policies of the Trump administration. However, before there is further clarity, she expects the market to continue to fluctuate. “We expect the US labor market to continue to soften, which should limit US rates and help Cryptocurrency (including XRP price participating in the same trend) rise.” The CEO of Ripple meeting him before Trump’s inauguration is definitely a bullish signal," Barthere said. Zahreddine Touag, Head of Trading at Woorton, said: ‘This week, we have seen consumers tending to buy XRP from our authorized dealers, mainly from retail brokers and native encryption funds. This may be due to the recent good news from the Ripple Foundation, namely the potential listing of XRP ETFs and the launch of RLUSD stablecoin.’ (CoinDesk)

XRP-4.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)