Recent FOMC decisions and the conclusion of the Ripple vs SEC lawsuit have drawn attention in the crypto world. This could influence current market trends.
FOMC Decisions: Stable Rates and Inflation
The Federal Open Market Committee (FOMC) announced yesterday that they are maintaining interest rates at the 4.25%-4.50% range. However, they noted that inflation remains high, and their annual forecast was increased to 2.7% from the previous 2.5%. This announcement led to a rise in crypto markets, although it is too early to predict a long-term trend.
Ripple Lawsuit: Conclusion of a Long-standing Case
In other significant news, the SEC has decided to drop its appeal against Ripple Labs, ending a four-year court battle over the classification of XRP. Ripple CEO Brad Garlinghouse announced this news on March 19, 2025, calling it a 'resounding victory' for both the company and the entire crypto industry.
Overall News and Market Reaction
The recent events are considered a positive signal for the crypto markets, at least in the short term. Major cryptocurrencies have begun to recover, but analysts warn that further data and factors are needed to be confident in continued growth.
The decisions from the FOMC and Ripple's success in court are significant landmarks for the cryptocurrency market. They may stimulate recovery and bring positive changes in the near future.
