📰 BREAKING: $XRP SOARS AS TRUMP–GARLINGHOUSE DÍNER CAUGHT ON CAMERA 🍽️🚀
What happened: Ripple CEO Brad Garlinghouse and legal chief Stuart Alderoty were spotted meeting Donald Trump at Mar‑a‑Lago—photo shared by Garlinghouse with the caption: “Strong start to 2025!”
Market reaction: $XRP
jumped ~2–4% intraday, outperforming BTC/ETH as traders rushed in on regulatory optimism .
CoinDesk noted XRP rallied ~2% while overall crypto dropped ~3%
AP News highlights earlier SEC actions were softened under Trump, boosting XRP +8% when Ripple announced SEC case drop apnews.com.
🔍 Why this matters:
Regulatory green light?
Trump’s crypto-friendly stance and appointment of officials like Paul Atkins—seen as XRP-supportive—fuel hopes of case dismissal bitget.com+10barrons.com+10barrons.com+10.
Catalyst for legit altcoins:
A Trump-backed XRP boost could pave the way for broader altcoin-friendly regulations and ETF approvals bitget.com+3cryptobriefing.com+3binance.com+3.
⚠️ What traders should do:
Bullish sentiment:
XRP is a strong outperformer recently—consider entering light longs near $2.30–2.40, with stop-loss around $2.20.
Risk check:
This remains “buy the rumor, sell the news” territory. Watch for tweets or official announcements—be ready to take profits fast.
Broader market play:
Monitor BTC/ETH and altcoin spreads. A Trump‑friendly ecosystem could tighten crypto correlation and widen opportunities across the board.