Crypto Gloom

Trump says encryption helps us to expand its dollar dominance.

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President Donald Trump said the encryption industry innovation said, “We are ready to help to explode economic growth and expand US dollar dominance.

Trump said in a video recorded on Digital Asset Summit, “We are creating a legal framework to liberate our investment, innovation and participation in one of the most exciting technological revolutions in modern history.

This innovation will help to improve banks and payment systems, and Stablecoins, which supports the dollar, will help to expand the dollar’s global financial control, he said.

“I already know that the energy and passion of the Crypto community is a kind of spirit that built our country, and it is interesting to watch when inventing the future of finance.” “It will be right here in the United States. It’s as much as you can get. We’ll make the United States a controversial Bitcoin superpower and the encryption capital of the world.

Trump’s remarks came out as XRP surged after the SEC dropped his appeal to Ripple, and Arthur Hayes predicted Bitcoin the bottom of $ 77K.

XRP rally after the ripple sec case is terminated

XRP Securities and Exchange Commission Ripple Labs, the company of XRP, is over.

Ripple CEO Brad Garlinghouse shared development in the X Post yesterday. He said that the regulatory agency withdrew the appeal against the ruling that the XRP was not security when it was sold in the retail market.

Investors reacted positively to the news XRP It will rise more than 6% over the last 24 hours and trading at $ 2.47 at 7:16 am.

Trump urges FOMC to cut interest rates.

Federal Open Market Commitee (FOMC) announced that it would maintain a 4.25-4.5% interest rate between 4.25-4.5% in response to the analyst’s expectations, and the benefits of XRP have increased to a wide range of password markets of more than 1%.

The encryption market reacted positively erase The Fed officials urged them to “right things” and lower interest rates.

Trump said in an article about the truth society: “The Fed will be a much better cut rate as our tariffs begin to turn into the economy.

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