The "Trump effect" behind the rise in cryptocurrencies in late 2024 is "real" and justifiable. Brad Garlinghouse, CEO of Ripple, argues that this is due to the stance adopted by the next US president in relation to the sector. In a post on X, formerly Twitter, Garlinghouse highlighted that "Ripple has signed more deals in the United States in the last six weeks of 2024, since the election, than in the last six months", emphasizing that this is directly linked to Trump's victory and his announcements. Garlinghouse also assessed that "the 'Trump effect' is already making cryptocurrencies big again – through his campaign and through the priorities of the first day of his future administration". (Exame)