Financial markets are used to ups and downs but this week, one move from the White House sent a big shockwave through both traditional finance and crypto.
President Donald Trump suddenly softened his tone toward Chinađšđł moving from tough talk to letâs work things out.
This surprise move pushed stocks and crypto prices up fast, with $XRP becoming one of the top gainers.
đ What Happened
Earlier in October, Trump announced 100% tariffs on Chinese imports. But on Friday, he changed his tone and said heâs willing to work things out with China.
When U.S. markets opened on Monday:
Dow Jones jumped 430+ points
Nasdaq climbed over 400 points
Crypto market cap rose nearly 4% to $3.9 trillion
đ XRPâs Big Bounce
Popular crypto YouTuber Austin Hilton reacted quickly on X. He said, Trump changes direction quite frankly shocks everybody, highlighting XRPâs 9% spike during the rally.
đ Checking the Real Price
While Hiltonâs chart showed $XRP dipping to $1.25, official data from Binance & CoinMarketCap showed:
Low near $1.69
Quick rebound to $2.3â$2.8
This shows why itâs important to double check data from multiple sources during fast market moves.
đ Why It Matters for $XRP Holders
This moment proves that politics can strongly affect crypto prices. One statement from a president can flip market sentiment turning fear into confidence.
For traders, the lesson is simple:
Watch the news
Stay calm
Trade with facts, not just emotions
Trumpâs soft tone didnât just help Wall Street - it brought new energy into the crypto market. đ
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