Ripple CEO Meets with Donald Trump, Sparking Optimism for 2025 Crypto Market

Bitcoin and other cryptocurrencies are experiencing a downturn, primarily driven by concerns over rising inflation in the United States.

However, anticipation for a market rebound has been linked to the upcoming inauguration of Donald Trump on January 20.

Although many expected Trump’s return to power to boost Bitcoin and altcoin prices, a recent meeting between Trump and Ripple CEO Brad Garlinghouse added an unexpected twist. Garlinghouse revealed that he, alongside Ripple’s legal counsel Stuart Alderoty, dined with Trump at his Mar-a-Lago estate. This gathering has been seen as a positive signal for Ripple and the broader crypto market as 2025 approaches, especially given the shifting regulatory landscape in the U.S.

The dinner was viewed by experts as a sign of Ripple’s growing influence, further sparking optimism in the cryptocurrency sector for the year ahead. Garlinghouse himself expressed enthusiasm about the meeting, calling it “a wonderful dinner” and a “strong start to 2025.”

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Although details of the discussion remain unclear, it is believed that topics such as XRP and the broader cryptocurrency industry were on the table. This has fueled speculation that a spot XRP ETF could be approved sometime in 2025. This dinner marked Trump’s final engagement with crypto leaders following his re-election on November 5, with other notable meetings including those with Coinbase CEO Brian Armstrong and Crypto.com CEO Kris Marszalek.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.