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Last week was quite eventful for the crypto market, especially with Trump's announcement about a Crypto Strategic Reserve that includes XRP, SOL, and ADA. This news caused a significant pump in crypto assets, particularly for XRP, SOL, and ADA. However, the market's reaction was short-lived, and the prices dropped soon after.
On Thursday, Trump signed an Executive Order establishing a Strategic Bitcoin Reserve (SBR), which marked a historic moment for Bitcoin. Despite this, the price of Bitcoin dropped, largely due to the decline in the S&P500 index. The SBR won't be using taxpayer funds to buy Bitcoin, unlike the bill proposed by Senator Lummis.
It's worth noting that the current price of XRP is around $2.36, with a market cap of $139.28 billion. Some predictions suggest that XRP's price could reach $2.20 by the end of 2025, with a potential high of $4.11. However, price predictions in the crypto market are always subject to change. 2 replies
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