Early Bitcoin Investor Sees Ripple’s Potential in U.S. Small Business Weakness

Crypto commentator Pumpius recently linked recent ADP employment figures to the potential for increased capital movement toward assets like XRP. He argues that the decline in small business jobs, particularly among companies with 1-19 employees and those between 20-49 employees, points towards a larger economic downturn, reminiscent of the early stages of the 2020 pandemic. Pumpius believes this weakening employment landscape is driving capital toward assets like XRP. He argues that these circumstances are creating an environment ripe for liquidity support from central banks and eventual interest rate cuts. This could trigger broader market cycles as it did during the 2020 pandemic. In Pumpius’s view, assets like XRP thrive in situations like this because they offer clear utility, regulatory clarity, and increased institutional involvement.