#MarketPullback #TrumpTariffs #CircleIPO $BTC
Here’s the verified picture:
Yes, Brad Garlinghouse (CEO of Ripple) and Chief Legal Officer Stuart Alderoty met with Donald Trump at Mar‑a‑Lago on January 7, 2025, describing it as a “strong start to 2025” .
Ripple confirmed his attendance at the March 7, 2025 White House Crypto Summit, reinforcing that connection .
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🚀 Market reaction: XRP’s surge
In November 2024, rumors of the Trump‑Garlinghouse meeting spiked XRP above $1 after previously trading at ~$0.60–0.70 .
Following the January dinner, XRP rose ~7%, reaching over $2.40 .
In early March, anticipation of the crypto summit and the SEC dropping its appeal lifted XRP by 5–11%, with prices moving from around $2.40 to $2.50–2.60 .
Ripple also celebrated the SEC officially dropping its appeal in mid-March, which triggered price jumps: +10% ($2.56–2.57) .
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What this means
1. Political alignment: Trump’s pro‑crypto stance—including talks of a strategic crypto reserve and a potential XRP ETF under his administration—boosts XRP’s outlook .
2. Regulatory windfall: The SEC’s withdrawal of its appeal marks a landmark victory, not only for Ripple but for broader market confidence .
3. Community sentiment: While many in the XRP community celebrate the moves as groundbreaking, some critics caution against Ripple leveraging political influence to gain regulatory edge .
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Bottom line
Yes, the Trump–Garlinghouse meeting is confirmed, and it’s been a major catalyst in XRP’s rally—from ~$0.60 in late 2024 to over $2.50 in spring 2025. The regulatory breakthrough from the SEC dropping its appeal is a clear turning point, amplifying bullish sentiment.
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Would you like a deeper dive into price charts, upcoming catalysts like the XRP ETF process, or how other cryptos have responded?
