In the last 12 hours, the crypto market has undergone significant changes. From the drop of XRP to new legislative initiatives in the U.S.—investors are closely analyzing the situation to avoid missing opportunities. Let's break down what happened.
Key Events
1. The U.S. Senate passed the GENIUS Act.
The new GENIUS Act allows traditional banks to issue "stablecoins." This could change the game as financial institutions gain more control over the crypto industry. It is expected that this may impact market liquidity and the availability of digital assets.
2. XRP dropped to $2.20.
XRP sharply lost ground after a new wave of "legal risks" for Ripple. Analysts are concerned that the lawsuits may drag on, creating uncertainty for traders.
3. Bitcoin under pressure from macroeconomics.
BTC dropped to *$104K* amid "tariff disputes" between the U.S. and China. Investors are concerned about potential regulatory tightening that could negatively impact liquidity.
4. Ethereum rose by 5%.
ETH showed positive dynamics, outpacing BTC in growth rates. Key factors include *network updates* and *developer activity* that stimulate demand for the asset.
5. The new meme coin Arctic Pablo has caused a stir.
A new *meme coin* has emerged in the crypto community that investors are actively discussing. Some analysts predict rapid growth similar to *Dogecoin*, although risks remain high.