Hi there,
This has been a rollercoaster of emotions. In Spain, it hasn’t stopped raining for weeks, but the sun is starting to shine in the crypto space.
Yes, we all know this world never takes a break, and those of us still here understand that the ups and downs are part of the adventure—but hey, we enjoy the good news too, right?
Let’s dive into the juiciest news of the week:
Bitcoin surges after inflation data and Trump rumors
Bitcoin started the week wavering around $82,000, but on March 19 it surged and is now hovering between $85,000 and $87,000. What happened?
The February inflation data in the U.S. (2.8%, lower than expected) calmed nerves and fueled hopes that the Federal Reserve will cut rates soon.
Additionally, the crypto market is also reacting to rumors about Trump’s meetings with influential figures like Michael Saylor at the White House, as well as his intervention at Blockworks’ Digital Assets Summit, where he reiterated that he would take action to ensure the U.S. becomes an “undisputed Bitcoin powerhouse” and the “crypto capital of the world.” Nothing new under the sun, but quite a statement of intent.
XRP skyrockets as SEC case ends
A historic moment for XRP! On March 18, the SEC officially dropped its lawsuit against Ripple, and the market exploded.
Within minutes, XRP surged 12%, breaking past the $2.40 barrier. Spot ETF applications for XRP from giants like Franklin Templeton and Grayscale are now on the radar, and analysts say this could be the spark for a serious rally. The community is ecstatic—and rightfully so.
Within minutes, XRP surged 12%, breaking past the $2.40 barrier. Spot ETF applications for XRP from giants like Franklin Templeton and Grayscale are now on the radar, and analysts say this could be the spark for a serious rally. The community is ecstatic—and rightfully so.
Ethereum bounces back with new Hoodi network
Ethereum (ETH) is showing signs of life this week after the announcement of the new Hoodi testnet, launched on March 17, which will be used to trial the upcoming Pectra upgrade.
With a focus on improving scalability and lowering layer 2 costs, ETH climbed 7%, from $1,916 to $2,038.
Analysts believe this upgrade could help ETH regain ground against competitors like Solana, especially with renewed interest from DeFi developers. ETH is back in the fight!
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