The ongoing negotiations between the European Union and the United States amid global economic changes are already shaping the financial markets, including the cryptocurrency sector.
What Does This Mean for XRP?
Levi Rietveld, founder of Crypto Crusaders, shared his views on how changes in tariff policy could affect cryptocurrency adoption. In a video he noted that lowering tariffs could create a more favorable environment for crypto investors, emphasizing that 'the EU is proposing to remove all tariffs on US industrial goods to meet President Trump’s demands,' which may reshape trade flows.
Impact on Cryptocurrencies
Rietveld linked macroeconomic factors to the performance of XRP and other cryptocurrencies, suggesting that access to capital would expand beyond traditional investments. He argued that reduced trade barriers and interest rates would lead to heightened market liquidity. According to Rietveld, 'if we have a point in time where we drastically reduce tariffs and we’re also cutting interest rates from the banks, it’s going to allow a lot more liquidity to come into the hands of business owners and retail investors like you and me.'
Conclusion
The expert highlights that XRP stands to benefit from these economic changes, as has been observed with President Trump’s actions. The coming months could provide even more favorable conditions for the cryptocurrency market due to increasing liquidity.
Overall, the current changes in international trade and monetary policy may have a significant impact on the future of XRP and other cryptocurrencies.