XRP Rally Fueled by U.S. Lawmakers, Say 34% of South Korean Investors in New Survey
- 49.4% of Korean investors expect Bitcoin to rise amid shifting market sentiment
- 34% of respondents credit U.S. crypto legislation for XRP’s recent price rally
- SEC delay and pending CLARITY Act continue to affect XRP ETF approval prospects
A new investor sentiment survey conducted in South Korea from July 22 to 25 shows growing positive sentiment toward Bitcoin and renewed interest in XRP, driven by recent U.S. regulatory developments. The weekly poll, from CoinNess and Cratos, shows how investor outlooks are changing as major legislative and legal outcomes impact the market.
According to the survey results, 49.4% of respondents expect Bitcoin’s price to rise this week, an increase from 46.0% in the prior week. Meanwhile, 28.2% expect the price to remain stable, while 22.4% anticipate a decline. When asked about overall market sentiment, 39.7% expressed hope or strong optimism, while 35.0% reported neutral expectations.
XRP Sentiment Linked to U.S. Legislation, Legal Developments
Respondents were also asked about the recent XRP price rally. The survey found that 34% of investors credited progress in U.S. crypto legislation as the main reason for the …
The post XRP Rally Fueled by U.S. Lawmakers, Say 34% of South Korean Investors in New Survey appeared first on Coin Edition.
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XRP Rally Fueled by U.S. Lawmakers, Say 34% of South Korean Investors in New Survey
- 49.4% of Korean investors expect Bitcoin to rise amid shifting market sentiment
- 34% of respondents credit U.S. crypto legislation for XRP’s recent price rally
- SEC delay and pending CLARITY Act continue to affect XRP ETF approval prospects
A new investor sentiment survey conducted in South Korea from July 22 to 25 shows growing positive sentiment toward Bitcoin and renewed interest in XRP, driven by recent U.S. regulatory developments. The weekly poll, from CoinNess and Cratos, shows how investor outlooks are changing as major legislative and legal outcomes impact the market.
According to the survey results, 49.4% of respondents expect Bitcoin’s price to rise this week, an increase from 46.0% in the prior week. Meanwhile, 28.2% expect the price to remain stable, while 22.4% anticipate a decline. When asked about overall market sentiment, 39.7% expressed hope or strong optimism, while 35.0% reported neutral expectations.
XRP Sentiment Linked to U.S. Legislation, Legal Developments
Respondents were also asked about the recent XRP price rally. The survey found that 34% of investors credited progress in U.S. crypto legislation as the main reason for the …
The post XRP Rally Fueled by U.S. Lawmakers, Say 34% of South Korean Investors in New Survey appeared first on Coin Edition.
Read More
Ripple CTO to Launch ‘Independent’ XRPL Hub With Enterprise-Grade Specs