#USCryptoWeek

US Crypto Week has been making headlines with several key developments:

Recent Crypto News

- *US Republicans Declare 'Crypto Week'*: US Republicans declared 'Crypto Week' to discuss three crypto bills, indicating growing interest in cryptocurrency regulation.

- *Stablecoin Bill*: The Senate passed a stablecoin bill, marking a significant victory for the crypto world.

- *Bitcoin and Crypto Market Trends*: Bitcoin has surged to new highs above $117,000, with analysts predicting continued growth. Other cryptocurrencies like XRP have also seen significant gains, with XRP recently reaching a 12-year milestone with over 2,700 whales holding over 1 million XRP.

- *Institutional Investment*: Institutional interest in crypto is swelling, with companies like BlackRock and BNY Mellon getting involved in cryptocurrency custody and stablecoin reserves.

- *Regulatory Developments*: The US is seeing increased regulatory activity, with lawmakers considering loosening restrictions on digital assets amid the growing use of stablecoins.¹ ²

Market Performance

- *Bitcoin Price*: Bitcoin is currently trading around $117,801, with a slight decrease of 0.213% in the last 24 hours.

- *Ethereum Price*: Ethereum is trading at $2,961.44, with a decrease of 0.883% in the last 24 hours.

- *XRP Price*: XRP is trading at $2.79, with a significant increase of 5.625% in the last 24 hours.³