Bitcoin hovers around $63,000, roughly half its October record of $126,080, while XRP has shed 73% from its peak of $3.65 and clings just above the $1 mark. Four events this week could shift the picture: a White House crypto summit on Wednesday, Fed minutes the same day, the CFTC’s inaugural crypto panel on Thursday, and two Japanese economic prints (growth Monday and inflation Friday). The Digital Asset Market Clarity Act passed by the House on July 17, which would settle which regulator oversees which token, still awaits a Senate vote, leaving XRP especially exposed to U.S. regulatory developments. The yen could also weigh on markets: the Bank of Japan raised rates to 1% in June and traders price roughly 80% odds of another hike in September, a scenario that has historically triggered Bitcoin declines of 20% to 31%.
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