What happened in the crypto market this week?

- The crypto market fueled the market speculation by keeping US federal reserve interest rates constant at 4.50%.
- Ripple received a win for officially quit SEC’s case against XRP.
- Canary Capital applied to a water ETF and increased optimism in the crypto market.
The crypto market has seen important events this week, including the fact that the Federal Reserve refused to change interest rates, Ripple’s legal victory over the Second SEC and the increase in institutional investment in crypto assets. These events affected market feelings and investor attitudes when combined with regulatory measures and ETF files.
Fed ratio
USA Federal reserve A pigeon against macroeconomic uncertainty remained 4.25% -4.5% in a stance. FED President Jerome Powell stressed that inflation is directed by the tariff policy. Bitmex CEO Arthur Hayes predicted that an rallies cut until April 1 will encourage the Bitcoin rally, Bitcoin finished the week with 84 thousand dollars.
Simultaneously, Japan Bank also protected its rates as 0.50%, and Francois Villeog of ECB warned that the US’s growing crypto -friendly stance could shoot the financial crisis.
XRP rejected
CEO Brad Garlinghouse confirmed that the case was withdrawn and Ripple’s long -lasting legal struggle with the US SEC ended.
This relieved the fluctuation community and pointed to the relaxation of the regulatory environment during the Trump administration. Despite a 2% decrease in a week, the XRP closed well above $ 2 and showed its unshakable market trust.
Ripple’s Chief Law Director Stuart Alderoty, after the withdrawal of SEC’s objection, strengthened Ripple’s legal position, describing the next way of movement.
PI market
PI Network, this month, $ 175 million worth of 129 million pI coin lock will be opened after the report, the increase between the value of $ 1 increased speculation.
The adoption of Asia, especially in Vietnam, continues to increase the uncertainty on the project because there is no significant update from the project team.
Bitcoin Strategic Reserves
Northern Carolina issued a bill that allowed 10% of the state Treasurer to invest in Bitcoin in Bitcoin, while institutional enthusiasm for the crypto was increased. Canary Capital presented a water ETF to the US SEC, which gave hopes.
OKX stopped Dex services between the EU edition, Binance lifted the trade limits of $ 5,000, and South Korean prosecutors raided Bithumbal for suspicious fund abuse.
The defi market experienced a turning point as the first real world assets (RWA) exceeded $ 10 billion. Binance launched Alpha 2.0 and simplified the trade process by providing chain directly coin purchases.
With the emergence of policy changes and ETF files, the market is in motion, and investors closely follow the future developments in the pipeline.
Crypto news emphasized today
Fidelity enters the tokenized treasures with Ethereum -based fund on 30 May