4 Reasons This Could Be the Most Important Week of August for Bitcoin and XRP
Bitcoin (BTC) trades at half its record price. XRP (XRP) has lost roughly 73% from its own peak. Four events this week could decide whether either one escapes that range.
Both drifted lower again over the past seven days. Washington delivers a presidential crypto meeting, Federal Reserve minutes and a debut regulator panel. Japan adds two data prints.
1. Trump Meets Crypto Leaders at the White House on Wednesday
Trump is expected to attend in person. The heads of both US market regulators are also expected. Paul Atkins runs the Securities and Exchange Commission (SEC). Michael Selig runs the Commodity Futures Trading Commission (CFTC).
Executives from Coinbase, Ripple, Kalshi and Polymarket are on the guest list. The last two run prediction markets, where users trade contracts on real-world outcomes.
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