What Happened in Crypto This Week? BTC Drop To $98K, USDT Exit Europe, XRP Shines
This is another roller coaster week in the cryptocurrency market. New AI players have begun to dominate the US market. The Trump administration has promoted the Katto policy and proposed some regulatory updates. The market value of global cryptocurrencies fell 5 % to US $ 3.39 trillion, while the fear and greed index remained neutralized to 47.
Bitcoin drops to $ 98K: Deepseek
The collapse of the encryption market began a week, pushing the price of Bitcoin below $ 9.8K and consumed nearly $ 900 million. this Settlement is related to success DeepSeek is a Chinese artificial intelligence application that becomes a top free application on the Apple App Store. Its construction price is less than 10 million US dollars, which is much lower than the $ 157 billion valuation of ChatGPT.
Microslategy continues to buy BTC
Despite the decline in the market, Microslategy continues to add Bitcoin to its investment portfolio. recent I bought 10,107 BTC Each Bitcoin is $ 1.1 billion, and each Bitcoin is $ 105,596. As of now, Microslategy has 461,000 BTCs, worth about $ 29.3 billion.
The Bank of Japan increases interest by 1.5 %
A survey of 45 experts shows that 56 % of people are expected to increase interest rates to 0.75 % by July. 18 % of people believe that this will happen in September, and 9 % of people predict June. Some people believe Interest rates may reach 1.5 % Two years later.
Ripple’s XRP major achievements
Ripple’s XRP invested $ 2.1 million a week, defeating Bitcoin and Ethereum during the market decline. At the same time, CEO Brad (Brad) Garlinghouse push to XRP Become a part of the national encryption reserve, making the bitcoin supporters of Bitcoin feel frustrated.
However, ONDO Finance plans to provide token -based national debt on Ripple’s XRP Ledger. Ripple also adds a background function to the classification account, which improves the liquidity of its Stablecoin Rlusd.
Stablecoin Cap reached $ 200 million: USDT departed from Europe
Stablecoins of top cryptocurrencies exceeded $ 200 million in market value. At the same time, Tether, the leading Stablecoin issuer, reported its $ 13 billion in profits in 2024. Interesting Kraken will be awarded USDT And due to the rules of Yunmu, the other four stablecoins in Europe. Earlier, Coinbase and Crypto.com also announced the planning of plans to be in Europe.
SBF’s parents seeks president for pardon
FTX founder Sam Bankman’s parents seeking pardon for the president for pardon by Trump’s Silk Road Ross Ulbricht.
Kiyosaki predicts bitcoin dipping sauce
Financial Expert Robert Kiyosaki warning Due to Trump’s upcoming new tariff policy, the price of Bitcoin may decline sharply. Another analyst, ALINNGING, predicted by Kiyosaki, also predicted that the short -term decrease may drop to $ 70,000 in the short term.
The highest award -winning person:
- Mantra (OM): +8.5 %, the current price is $ 5.3.
- Jasmy (Jasmy): +7 %, reaching $ 0.0290.
- Jito (JTO): +6.37 %, the transaction price is $ 3.07.
The highest weekly failure:
- Pudge Penguins (PENGU): -42 %, the price is $ 0.014.
- Virtual protocol (virtual): -35.6 %, drop to $ 1.61.
- Trump official (Trump): -33 %, now $ 20.83.
