📰 Major News
1. XRP surges and lags: Following comments from Ripple’s CEO about the SEC case, XRP briefly spiked before settling amid bearish funding conditions .
2. **$15 billion in Bitcoin options expire today**: This could trigger volatility, with market players watching BTC near $107K closely .
3. Stablecoin revolution: Regulatory progress in the U.S. Senate and major retailers like Amazon/Walmart exploring stablecoin initiatives are driving renewed attention. Circle's IPO momentum underscores this trend .
4. Geopolitical regulator headlines: Bolivia has seen a >530% surge in crypto usage amid economic instability, while U.S. and EU regulatory bodies continue pushing stablecoin frameworks .
⚫: What This Means:
Bitcoin remains the core anchor—dominance, ETF flows, and looming derivatives events (like big options expiry) suggest continued focus on BTC.
Altcoins appear range-bound—upside hinges on legal/regulatory clarity (e.g., Ripple's case) or broader narrative support.
Stablecoins are stepping into mainstream finance, but widespread daily use by consumers remains distant without stronger incentives or infrastructure .
Regulatory drivers: Senate stablecoin legislation and international developments (EU/MiCA, Bolivia) are shaping sentiment.