Recent decisions by the Federal Reserve and the U.S. government highlight significant developments in financial and cryptocurrency markets.
Fed Leaves Rates Steady, Cites Tariff Pressure
The Federal Reserve has decided to keep its interest rates unchanged. Chair Jerome Powell stated that inflation remains high, noting, "What we see now is the very beginning of tariff inflation." This decision has created uncertainty in the markets, leading to volatility, particularly in the cryptocurrency sector.
U.S. Treasury to Manage Bitcoin-Based Reserve
According to a Treasury statement, the U.S. government plans to create a Strategic Bitcoin Reserve and a digital asset stockpile. These assets will be drawn from forfeited digital holdings and designed for long-term strategic purposes. Under new frameworks, these assets will not be sold but retained as a form of digital collateral.
New U.S. Crypto Policy Favors Dollar-Backed Innovation
While Bitcoin gains institutional support, XRP is notably absent from the new initiatives. The token is not mentioned in the government’s digital asset strategy, which raises concerns among traders and analysts. XRP has seen fluctuations but its current status may limit growth opportunities in the short term.
In light of current decisions by the Federal Reserve and U.S. policy, the future of cryptocurrencies like Bitcoin and XRP remains uncertain. Inflation and new government initiatives are shaping conditions for long-term changes in financial markets.
