Headlines Today: SEC Chair Requests Clarity, Ripple Lawsuit Still In Limbo; BTC Passes $95k

Headlines Today: SEC Chair Requests Clarity, Ripple Lawsuit Still In Limbo; BTC Passes $95k
Key Points: XRP stabilizes as SEC Chair Atkins promises regulatory clarity and crypto innovation support.
Legal ambiguity keeps XRP below the crypto market.
Ripple-SEC agreement, XRP-spot ETF clearance, and Fed policies will influence XRP pricing.
Bitcoin Price Prediction: Key Catalysts
After Thursday’s 0.28% rise, BTC surged 0.82% to $94,777 on April 25, extending its winning run to seven sessions.
Near-term trends depend on geopolitical and legislative changes.
Bearish Scenario: US-China trade war, Fed hawkishness, negative US data, legislative opposition, ETF outflows.
Bullish Scenario: Dovish Fed signals, US-China trade war deescalation, optimistic data, pro-crypto legislation, and growing ETF inflows.
One such motivator is Senator Cynthia Lummis’ Bitcoin Act reintroduction. The measure wants the US government to buy 1 million BTC over five years with a 20-year lockup. BTC might hit new highs if the measure passes.SEC Chair Atkins Signals XRP Hold In favor of crypto
On Friday, April 25, SEC Chair Atkins gave his first public presentation as chair at a crypto roundtable. The SEC’s recent enforcement-based regulatory U-turn piqued market interest in his remarks.
SEC-Ripple Legal Limbo Continues
XRP is in a holding position since the SEC has kept mute on Ripple despite the regulation move. The SEC and Ripple submitted a move to stop the Programmatic Sales of XRP appeal on April 10, citing a settlement agreement.
Investors anticipate the SEC’s next legal move: a probable plea to lift Judge Analisa Torres’ order banning XRP institutional sales and reduce Ripple’s punishment. Judge Torres’ settlement judgment may be key. Ripple may cross-appeal if Judge Torres refuses the request, forcing the SEC to appeal.
XRP Market Outlook: Legal and ETF Considerations
XRP declined 1.03% to $2.1825 on Friday, April 25, after dropping 0.61% Thursday. The coin lagged the crypto market, which rose 0.57% to $2.91 trillion. Divergence shows Ripple case uncertainty.
Future price drivers include a Ripple-SEC settlement, excitement about an XRP-spot ETF, and macroeconomic factors including Fed policy and U.S.-China trade.
A breakthrough over $2.50 might go to $3 and the $3.5505 all-time high.
Bitcoin Breaks $95k on US-China Trade Hopes
US-China tensions eased, pushing bitcoin (BTC) above $95,000 as XRP faltered. Trump’s softer attitude on China increased risk sentiment despite Beijing’s denials of trade discussions. Nasdaq Composite Index rose 1.26%, extending its winning streak to four. Gold fell 0.89% to $3,319 on risk-on attitude.