This week could be a pivotal one for the crypto market, with several major events on the horizon. Brace yourself for potential market movements as the U.S. releases key inflation data, while analysts expect a 0.3% rise in underlying inflation from March's 0.4%.
Meanwhile, the FIT21 bill, which would impose regulations on cryptocurrencies as investment contracts, is on the table in the U.S. Congress. The crypto community is also speculating about the SEC's potential approval of spot Ethereum ETFs, which could be a game-changer.
Adding to the excitement, the long-awaited SEC v Ripple lawsuit is expected to make headlines this week, with potential implications for the entire crypto industry.
Stay tuned for updates on these crucial events that could shape the future of cryptocurrencies. Like, subscribe, and hit the notification bell for more crypto news and analysis!
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