Can XRP Rally 69,000% Again as Raoul Pal Expects a Repeat of 2017 Run During the Trump Cycle
The post Can XRP Rally 69,000% Again as Raoul Pal Expects a Repeat of 2017 Run During the Trump Cycle appeared on BitcoinEthereumNews.com. Raoul Pal is expecting the market to repeat the rally from 2017 when Donald Trump first assumed office, and this could have positive implications for XRP. Notably, since the start of 2025, the crypto market has struggled to find consistent momentum. After a strong rally between November 2024 and January 2025, the broader market, especially altcoins, has mostly moved sideways. While Bitcoin has managed to reach new all-time highs, several altcoins, including XRP, have struggled this year. This new reality has left many investors wondering what comes next. Raoul Pal Highlights Similarities to 2017 “Trump Cycle” However, macro investor and Real Vision founder Raoul Pal believes the market is simply following the same path it took back in 2017, shortly after Donald Trump took office for the first time. In a recent market analysis, Pal explained how Trump’s return to power has triggered similar reactions across global markets. For context, back in late 2016, right after Trump won the presidency, financial markets quickly responded. Investors worried about tariffs and other drastic economic changes, pushing the dollar sharply higher by the end of the year. The same thing happened at the end of 2024 after Donald Trump won the latest presidential election. Pal pointed out that when the dollar strengthens like this, financial conditions tighten. These effects typically show up in markets and the economy around three months later, which explains why many assets corrected in the first quarter of 2025. A Weakening Dollar Meanwhile, the market veteran believes there are deeper similarities. Just like in early 2017, the dollar has now started weakening again, which he sees as a result of the Trump administration’s push for a softer dollar. According to him, this drop isn’t permanent or structural, but represents a short-term, policy-driven weakness. He says this kind of environment…
The post Can XRP Rally 69,000% Again as Raoul Pal Expects a Repeat of 2017 Run During the Trump Cycle appeared on BitcoinEthereumNews.com.
Raoul Pal is expecting the market to repeat the rally from 2017 when Donald Trump first assumed office, and this could have positive implications for XRP. Notably, since the start of 2025, the crypto market has struggled to find consistent momentum. After a strong rally between November 2024 and January 2025, the broader market, especially altcoins, has mostly moved sideways. While Bitcoin has managed to reach new all-time highs, several altcoins, including XRP, have struggled this year. This new reality has left many investors wondering what comes next. Raoul Pal Highlights Similarities to 2017 “Trump Cycle” However, macro investor and Real Vision founder Raoul Pal believes the market is simply following the same path it took back in 2017, shortly after Donald Trump took office for the first time. In a recent market analysis, Pal explained how Trump’s return to power has triggered similar reactions across global markets. For context, back in late 2016, right after Trump won the presidency, financial markets quickly responded. Investors worried about tariffs and other drastic economic changes, pushing the dollar sharply higher by the end of the year. The same thing happened at the end of 2024 after Donald Trump won the latest presidential election. Pal pointed out that when the dollar strengthens like this, financial conditions tighten. These effects typically show up in markets and the economy around three months later, which explains why many assets corrected in the first quarter of 2025. A Weakening Dollar Meanwhile, the market veteran believes there are deeper similarities. Just like in early 2017, the dollar has now started weakening again, which he sees as a result of the Trump administration’s push for a softer dollar. According to him, this drop isn’t permanent or structural, but represents a short-term, policy-driven weakness. He says this kind of environment…
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