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Why Crypto Up Today? Trump Crypto announcement, Fed FOMC, and XRP News
Crypto Updates Today: Reasons Behind the Surge!
1. Trump Crypto Announcement: Digital Assets Summit 2025
Donald Trump will give a speech at a very important event held in New York Today. That’s the first time, in fact, a U.S. president ever discussed Bitcoin before such an audience. He wants Bitcoin to be a major part of the financial system like gold in the U.S.
On his orders, a U.S. Bitcoin Reserve is being created and now everyone is curious about Trump Crypto Announcement happening soon. Plans for the purchase of 1 million BTC in five years are underway. This is discussed with lawmakers. Besides that, new norms for stablecoins are going to come out shortly, which could further bolster market inside the U.S.
2. Fed FOMC Meeting: No Rate Change, but Market Rise
The Federal Reserve of the United States decided on no change to their interest rates after their March meeting. This was somewhat expected, with 98% of experts having predicted it early.
Normally, no rate change isn’t great for the market. However, the Fed would slow further, beginning April 1st, on balancing the reductions of its balance sheet and upcoming Trump Crypto Annoucement can reshape the cryptocurrency. This means more money could be flowing into the market, and that’s good news for Bitcoin and the whole market.
People are still unsure of a Fed rate cut later. Everyone is waiting for Fed Chair Mr. Powell’s speech for indications.
3. Ripple SEC Case Update: Huge Victory, Price on the Rise!
Big news! The XRP SEC case just dismissed its case against Ripple. This battle began back in 2020 with the SEC stating that Ripple’s sale of XRP was illegal. Last year, a judge said when regular folk bought this altcoin, it wasn’t a security. The case is now fully done and over with!
XRP price surged upon news about big wins, around 10%. Ripple’s CEO, Brad Garlinghouse, hooted that’s a huge win. Other cases are also being dropped by the SEC, indicating a change in their circuling palette. Enter exciting times for this altcoin!
Cryptocurrency Rise
Trump crypto announcement as he backs Bitcoin; the Fed eases policies, and Ripple wins its SEC case, and the markets go soaring. The market capitalization says $2.79T (+1.58%) with a trading volume of $105.12B (+45.68%) signals strong confidence among investors and a bullish momentum to hit a topmost point and it might drive the bull run after Trump crypto announcement.
