XRP Beats Bitcoin in Trading Volume as Market Eyes Trump Policies

  • XRP’s trading volume surpassed Bitcoin, signaling increased investor interest.  
  • XRP’s price showed significant volatility with major fluctuations in its value.  
  • Trump’s presidency could boost XRP’s adoption and approval for an ETF.

XRP, the third-largest cryptocurrency by market capitalization, outperformed Bitcoin in trading volume, signaling increased investor interest.

Crypto lawyer Bill Morgan highlighted on X (formerly Twitter) that the surge followed a meeting between Ripple CEO Brad Garlinghouse and U.S. President-elect Donald Trump. The discussion centered on potentially including XRP and other digital assets in the nation’s crypto reserves.

This development has drawn significant attention in the crypto market, driving both price and trading volume for XRP to new highs.

XRP Price Movements: January 17–18

Between January 17 and 18, XRP exhibited notable volatility. On January 17, the token climbed over 4%, peaking before experiencing a downturn. At around 8:00 PM, XRP showed stronger gains than Bitcoin’s steady rise during the same period.

By January 18, XRP’s price dropped sharply, falling nearly 6% by 6:00 AM. In contrast, Bitcoin’s movements were more subdued, showing a slight pullback with a 2% loss by 10:00 AM.

Related: XRP’s Recovery Signals New Opportunities Against Bitcoin

Investor Confidence Drives XRP Inflows

The rise in XRP trading volume reflects growing confidence among investors. Between late December 2024 and January 2025, XRP experienced significant inflows, coinciding with a price surge above $3.00.

These inflows, tracked by Coinglass, align with XRP’s price movements, further underscoring the role of investor sentiment in its recent performance.

Related: Ripple Debunks Trump Rumors as XRP Hits a 7-Year High

Trump’s Crypto Policies and Market Sentiment

Donald Trump’s upcoming inauguration as U.S. President has fueled optimism for a more crypto-friendly regulatory environment. Reports suggest the administration may approve a spot XRP ETF, providing domestic investors greater access to the token.

The prospect of an XRP-backed exchange-traded product has already generated significant interest. A Polymarket survey shows that 66% of respondents believe an XRP ETF could be approved this year, potentially boosting adoption and market activity.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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