Nansen analyst: Crypto investors are looking for new developments to "drive the bull market," including Trump's future policy direction
ChainCatcher news, according to Coindesk, Nansen's Chief Research Analyst Aurelie Barthere stated that cryptocurrency investors are looking for new developments to "drive the bull market." This will include news of cooling U.S. inflation and labor markets, or the direction of future policies under the Trump administration. However, she expects the market to continue to fluctuate until there is further clarity."We expect the U.S. labor market to continue to soften, which should limit U.S. interest rates and help cryptocurrencies (including the price of XRP, which is following the same trend) to rise." Meeting with Trump before his inauguration is definitely a bullish signal, Barthere said.Zahreddine Touag, Head of Trading at Paris market Woorton, stated, "This week, we have seen consumers inclined to purchase XRP from our franchisees, mainly from retail brokers and crypto-native funds, which may be due to the recent good news from the Ripple Foundation regarding the potential listing of an XRP ETF and the launch of the RLUSD stablecoin."