My analysis: The real reason XRP is rallying on the Iran war
Over the last six hours, XRP is up 3.5% whereas gold is down 2.5%. Why?
XRP was trading in the low $1.30s when Donald Trump announced the onset of war in Iran. In a definitive display of relative strength today, XRP is actually rallying as the world’s premier safe havens like gold and silver are crashing.
Over the last six hours, XRP is up 3.5% whereas silver is down 7.5% and gold is down 2.5%.
In today’s XRP Premium Analysis, I explain exactly why XRP is decoupling from broader markets during this specific moment in geopolitical history.
Market Context
War has commenced in Iran with military strikes ongoing across the Middle East.
As traders rush to position themselves into safe havens during what Trump has forecasted will be a 4-5 week military campaign, many retail speculators mistakenly thought gold and silver were obvious choices.
They were wrong.
After an immediate panic move during the initial airstrike, precious metals are starting to slide down as more discerning traders learn about the globally distributed safe havens available within the XRP Ledger ecosystem– superior during times of war to traditional assets when ease of transport and instantaneous settlement are of paramount importance.
Below, I dive into the specific targets I’m looking for with XRP, as a follow-on to my Friday announcement that I am eyeing prices to be loading up the truck like I’ve never loaded it up before.
News
Donald Trump announces military operations in Iran (TruthSocial)
Nobitex crypto exchange in Iran struggles with mass withdrawals (FinanceFeeds)
Turkey’s ruling party unveils 10% crypto income tax proposal (Coindesk)
South Korea updates crypto seizure rules (CoinTelegraph)
Senators urge Treasury and AG to probe Binance (Senate.gov)
UK explores crypto integration for licensed online casinos (GamblingCommission.gov.uk)
DC Strike Force seizes $580M from Chinese scam networks (Justice.gov)
Minnesota advances bill to ban crypto ATMs (CBSnews)
Strategy $MSTR raises $STRC dividend to 11.5% (X)
Trump Media $DJT evaluates Truth Social spin off (GlobeNewswire)
SOLAI receives NYSE continued listing notice (PRNewswire)
Fold Holdings $FOLD eliminates convertible debt (GlobeNewswire)
Nasdaq to launch binary options to compete with prediction markets (Coindesk)
BitMine buys 4.47M more ETH (Coindesk)
Nothing in this newsletter is financial or investment advice. We summarize news for informational and entertainment purposes only. We do not provide advisory services, guidance, or information regarding trading or investing. Past performance is not indicative of future results.
XRP Premium Analysis
I want to ask you guys a question. Why would risk-on crypto be rallying right now while gold and silver and risk-off assets are going down right now?
Think about that question really hard. How does that make sense, amid war, and when 20% of the world’s oil supply is getting cut out at this moment in time?
Gold prices erased much of its gain and has turned negative over the past few hours. Silver prices are down over 7% over the last six hours. Crypto is flying while metals are going down. The reason for this is…