๐ก Market Week Kickoff: Crypto Insights & U.S. Policy Watch (April 14, 2025)
As the crypto market opens this week, both price levels, policy headlines, and key economic events that are worth watching:
๐ $BTC trades near $84.8K, ranging between $83Kโ$85K. Key support at $73K. A breakout could aim for $133K.
๐ $ETH is steady at $1,678. Market eyeing ETH's reaction to policy clarity.
๐ธ $XRP at $2.15 following Rippleโs $1.25B acquisition of Hidden Road, pushing deeper into TradFi.
U.S. Regulatory Shifts โ A Game-Changer?
โ Trump Admin Eases Crypto Crackdown:
โ DOJ dissolves its crypto enforcement team.
โSEC halts some investigations into crypto firms.
โSignals are pro-crypto policy pivots, likely to boost institutional participation
๐จ Critics Raise Concerns:
โTrump-linked businesses are expanding in the crypto space.
โCritics warn of conflicts of interest and lack of investor protection.
๐ข NY Attorney General Responds:
โPushes for strict federal crypto regulations.
โRecommends mandatory registration for crypto firms & clear token listing rules.
๐ Key Economic Events This Week
Tuesday, April 15:
- Import Price Index
- Empire State Manufacturing Index
Wednesday, April 16:
- Retail Sales
- Industrial Production
- Home Builder Confidence Index
Thursday, April 17:
- Initial Jobless Claims โ
- Housing Starts
- Philadelphia Fed Manufacturing Survey
Friday, April 18:
- Federal Reserve Speeches
These events could impact market sentiment.
โ ๏ธ Outlook:
Deregulation may pump short-term sentiment, but long-term market trust will hinge on balance between growth and protection. Stay informed and consider these developments as you navigate the crypto markets this week.โ
#CryptoNews #BinanceSquare #CryptoRegulation #Marketupdates #EconomicCalendar
