Aurelie Barthere, principal research analyst at Nansen, said cryptocurrency investors were looking for new developments to "drive the bull market". This would include news that US inflation and labour markets are cooling, or the direction of future policy from the Trump administration. However, she expects the market to remain volatile until further clarity is available.
"We expect continued weakness in the US labour market, which should limit US interest rates and help cryptocurrencies, including the price of XRP, which participates in the same movement, rise." It's definitely a bullish sign that the Ripple CEO is meeting Trump before his inauguration, "Barthere said.
Nansen Analyst: Crypto investors are looking for new developments to "fuel the bull market," including news that U.S. inflation and labor markets are cooling
2025-01-09 00:56:38
Nansen chief research analyst aurelie barthere representation cryptodesk3cryptocurrencydesktopCrypto News
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