Key Highlights:
- XRP could surge if listed as a U.S. strategic reserve asset in the upcoming crypto policy report.
- Bitcoin rallies as global trade deals ease inflation concerns, supporting bullish momentum.
- Speculation grows over XRP-spot ETF approval and corporate treasury adoption.
XRP Gains Traction as Strategic Reserve Buzz Grows
XRP is back in the spotlight amid growing speculation that the U.S. may recognize it as a strategic reserve asset in a major crypto report due on July 30. This follows corporate filings that show increasing interest in XRP’s utility across real-time payments, treasury functions, and capital financing.
One such filing from Wellgistics Health (WH) proposes using XRP Ledger (XRPL) for instant, low-cost transactions with suppliers and customers. Additionally, WH plans to raise capital through equity or debt offerings to acquire more XRP, and use it as collateral for income-generating strategies. This demonstrates real-world adoption, though some skeptics question WH’s financial strength and potential impact.
Still, the bigger catalyst is the President’s Working Group on Digital Assets report, which may recommend crypto stockpiling by the U.S. government. If XRP is included, this would significantly shift institutional demand. Currently, U.S. holdings include Bitcoin (BTC), Ethereum (ETH), and Tether (USDT)—but not XRP.
ETF Momentum: SEC Decision Could Accelerate Demand
Rumors are swirling that the SEC may drop its appeal in the ongoing Ripple case. If confirmed, this could fast-track approval of XRP spot ETFs, opening the floodgates to institutional investment. Combined with XRP’s growing use case, this positions the token for a potential breakout.
XRP is currently trading at $3.24, with key levels to watch:
- Bullish target: Break above $3.30 could pave the way for a rally to $3.50 and then the all-time high at $3.66.
- Bearish risk: A drop below $3.00 may lead to further correction toward $2.80.
Bitcoin Surges as U.S.-EU Trade Agreement Boosts Risk Appetite
While XRP benefits from legal and policy momentum, Bitcoin (BTC) has climbed in response to a historic U.S.-EU trade deal. The agreement, announced by President Trump, includes:
- $750B in EU energy purchases from the U.S.
- $600B in fresh EU investments across U.S. sectors.
- Tariff reductions, including a 15% flat rate on auto and industrial goods.
These deals are fueling investor optimism and weakening inflation fears, creating a bullish backdrop for crypto markets. Bitcoin closed at $119,393, its highest in four sessions.
More trade agreements with China, Japan, and the UK are in progress, which could further lift sentiment. If U.S. inflation continues to cool, expectations for a Federal Reserve rate cut will rise, enhancing Bitcoin’s appeal.
BTC Price Forecast: Multiple Catalysts Ahead
Bitcoin’s price outlook hinges on several key developments:
- Policy Shifts: If the Fed strikes a dovish tone in the July 30 rate announcement, BTC could retest the $122,000 all-time high.
- Legislative Moves: Bipartisan progress on crypto-friendly bills like the CLARITY Act could support long-term adoption.
- ETF Flows: Continued inflows into spot ETFs would reinforce bullish momentum.
Key Scenarios to Watch:
- Bullish: Dovish Fed, strong ETF demand, XRP case resolution – BTC targets $122,000+.
- Bearish: Hawkish Fed, legal uncertainty, ETF outflows – BTC risks retesting $115,000 and the 50-day EMA.
What to Watch This Week:
- XRP: SEC’s next move, spot ETF updates, and the government crypto report.
- BTC: FOMC interest rate decision, ETF flow data, and ongoing trade negotiations.
- Both: Legal clarity, strategic reserve news, and macroeconomic shifts.
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