Right from the beginning of 2025, the cryptocurrency community has witnessed significant volatility. One of the focal points is the notable increase of XRP, an important altcoin as the market anticipates positive adjustments in the regulatory environment in the US. With the new leadership of the US Securities and Exchange Commission (SEC) under the Trump administration, many experts believe that XRP could see price increases of up to 40% in the short term.
The "descending triangle" pattern has appeared on the XRP chart, suggesting a potential breakout and strong price increase if it breaks above the trendline. This is particularly important in the context of Ripple Labs continuing to expand its business relationships and the rumors surrounding the release of an exchange-traded fund (ETF) for XRP. All these factors indicate a positive future for XRP in particular and the altcoin market in general.
On the other hand, Bitcoin has been going through a tough period, unable to maintain its upward momentum to reach the $100,000 mark. The relationship between Bitcoin and US interest rates is often inverse, and with bond yields rising, traditional investments like bonds have become more attractive. This has diminished the appeal of Bitcoin and other altcoins, leading to a widespread decline in the cryptocurrency market.
Nevertheless, there are still optimistic views about the future of cryptocurrency under the Trump administration. Changes in trade policy and budget deficits could create a new development environment for cryptocurrencies, paving the way for strong growth potential in the future.
The start of the new fiscal year has brought excitement among investors with expectations for more cryptocurrency-friendly policies. While there are still many challenges ahead, optimism suggests that the current corrections may just be preparations for the next waves of market growth.
