XRP Traders More ‘Optimistic’ As Sentiment Collapses For Bitcoin And Ethereum, Says Analytics

Group 1 - Traders are showing stronger optimism toward XRP as sentiment around Bitcoin and Ethereum deteriorates sharply, with Bitcoin hitting multi-month lows amid a technical breakdown and lack of government backstop for the asset class [1][3] - Sentiment across the crypto market has turned decisively negative over the past week, particularly affecting Bitcoin and Ethereum, while XRP has avoided the same level of negative positioning [3] - Extreme fear among retail traders can sometimes precede short-term price rebounds, suggesting a potential for a short-term relief rally if disbelief in cryptocurrency persists among small traders [4] Group 2 - Recent revelations in the Epstein Files indicate early industry opposition to Ripple, reinforcing XRP's position as a competitor to Bitcoin-focused infrastructure projects [5] - The correspondence from 2014 suggests that resistance to non-Bitcoin blockchain models may have been more widespread, indicating a larger issue within the crypto ecosystem [6] - XRP supporters argue that the documents validate Ripple's long-term relevance, although analysts caution that they provide historical context rather than new fundamental developments [7]