#Trump100Days XRP records a surge of hot capital by 134.9% over the week. What does this mean for Ripple's cryptocurrency?
On the XRP market, there is an influx of so-called 'hot capital' – which has increased from 0.92 billion USD (data from April 20) to 2.17 billion USD (April 28). The question is whether this is really a good thing?
In the XRP market, there is a jump in the area of 'hot capital'.
The problem is that this indicates greater involvement from short-term investors, not HODLers.
The cryptocurrency market is still waiting for the Fed's decisions regarding quantitative easing and interest rates.
Additionally, XRP investors are waiting for the SEC's decision regarding Ripple's token ETFs.
XRP and hot capital in the market mean that short-term traders and speculators have returned to it.
This leads to an increase in trading volume, but let’s remember that the foundation of the project should be HODLers.
It is worth noting that despite the recent increase, 'hot capital' in the XRP market remains significantly below the previous peak of 7.66 billion USD recorded in December 2024. Currently, we are talking about only 2.17 billion USD.
Why are speculators once again interested in XRP? Certainly, one of the factors is the hopes for the creation of an XRP ETF. The market may be playing under the SEC’s approval for its issuance. The question is whether the subsequent 'yes' from officials will not lead to 'selling the news and a subsequent drop in price.'