cryptocurrency It’s a historic week for investors and many important events, including the Fed meeting, are now behind us. In the next period, boring movements should be replaced by bigger rises and good news. Ripple 
$0.552813 CEO Garlinghouse made comments about the future of Ripple and XRP in his evaluation a few hours ago. Cowen and Daan Crypto Trades are Bitcoin 
$75,017He discussed the situation of.
Ripple (XRP)
After 4 years of struggle, it is likely that Trump-appointed officials will bring the Ripple case to a close. crypto- friend will be given to the new SEC Chairman. The SEC’s current stance claims that almost all altcoins are securities/investment contracts. This resulted in more than 100 lawsuits and complaints.
Binance, Coinbase, Ripple, Uniswap, MetaMask and many other companies and altcoins are already in litigation with the institution. At this point, the new SEC Chairman can end all this chaos by taking office with the promise of regulatory clarity. This is what Trump promised.
Ripple CEO wrote today;
“While I shared some thoughts on what the Trump administration could mean for crypto, I also wanted to recognize the patience and unwavering support of the XRP family.
A lot has happened since XRP became the 2nd most valuable crypto asset. It has been a frustrating journey at times.
~6 years since the SEC started meddling in the crypto market, picking winners and losers… ~4 years since the SEC sued Ripple… and now FINALLY there is an end of the tunnel as these external (frankly unnatural and manipulative) market factors subside we see light.
Tides are changing, winds are turning, and for those of us who believe in the future of XRP, the opportunity is huge!”
Brad seems extremely hopeful, and he’s not wrong.
Bitcoin (BTC) Predictions
Benjamin Cowen again makes an important warning. Drawing attention to Bitcoin market dominance, the name focuses on BTCD data, which loosened after the previous interest rate cut. The analyst argues that there was a 1-2 week BTCD relaxation with a 50bp discount and that this repeated, and that we may see blood loss in altcoins again at the beginning of December. And of course Cowen doesn’t have a globe showing the future in front of him, and he could be wrong in his predictions.
Daan Crypto Trades, on the other hand, expects a retest of the bottom level on November 4. Such a test may not be good for altcoins. Especially when considered together with Cowen’s analysis.
“Bitcoin It made a big comeback once again within the first week of the month. I think there is a good chance that this November 4th low will not be revisited. “This means we are back to the pattern of the previous few months.”
Sometimes patterns repeat and sometimes they don’t. Trump’s election is such a big and beautiful event that it can disrupt the model structures for cryptocurrencies. We saw the opposite in the BTC price, which violated the previous ATH level and made a deeper bottom with the FTX crash at the end of 2022.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
