$BTC Nansen Chief Research Analyst Aurelie Barthere stated that cryptocurrency investors are looking for new developments to "drive the bull market." This will include news that U.S. inflation and the labor market are cooling down, or the direction of future policies from the Trump administration. However, she expects the market to continue to be volatile until there is further clarity. "We expect the U.S. labor market to continue to weaken, which should limit U.S. interest rates and help cryptocurrencies (including the price of XRP, which is trending similarly) to rise. "It is definitely a bullish signal that the CEO of Ripple met with him before Trump's inauguration," Barthere stated.