Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

CN
2 days ago

The Federal Reserve held rates steady and reduced its Treasury redemption cap. Gold surged to a historic $3,038 per ounce amid geopolitical tensions and uncertainty. In crypto, XRP increased to $2.59 after the SEC dropped its lawsuit against Ripple. Tim Draper doubled down on his belief that Bitcoin will eventually replace fiat currencies. Finally, some U.S. lawmakers urged Trump to distance himself from crypto.

Fed Pauses Rate Hikes, Cuts Treasury Redemption Cap

 Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

The U.S. central bank opted to hold the federal funds rate steady within the range of 4.25% to 4.50%, emphasizing that… read more.

Editor’s comment: The move in the redemption cap looks like the Fed is signaling the end of quantitative tightening might be near.

Gold Hits Historic $3,038: Geopolitical Heat, Trump Policies Ignite Rally

 Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

Gold soared to an unprecedented zenith, breaching the $3,038-per-ounce threshold in spot trading—a historic pinnacle… read more.

Editor’s comment: What happens to gold if geopolitical tensions ease, or tariff wars resolve, or the U.S. gets its spending under control?

Bulls Take Charge as XRP Hits $2.59 After SEC Decision

 Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

The U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple today, fueling… read more.

Editor’s comment: Like I said last week, once XRP’s SEC lawsuit is cleared up, the chances of an ETF improve. Polymarket agrees, chance odds of it happening in 2025 jumped roughly 10% following the announcement.

Tim Draper: Bitcoin Goes to Infinity Against the Dollar

 Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

Tim Draper envisions a future where bitcoin dominates, fiat crumbles, and people scramble to convert dollars before… read more.

Editor’s comment: In the short term I don’t think Bitcoin will replace the U.S. dollar, however over the long term all reserve currencies have eventually been replaced.

US Lawmakers Urge Trump to Drop Crypto Before It Hurts America

 Fed Pauses Rate Hikes, Gold Hits All-Time High, and More — Week in Review

Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power… read more.

Editor’s comment: This shows that crypto is unfortunately still a partisan issue. Hopefully in the next four years, crypto companies in America can make their case to the American public as a useful industry for everyone.

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