**Market Highlights** π π π
This week’s crypto market pulse is dominated by the growing acceptance of digital assets among institutional investors. A major partnership between Citibank and Coinbase promises a significant shift in how corporate treasuries handle payments. This development signifies that major banks are no longer just exploring but actively integrating blockchain technology into their operations. The integration of crypto rails for institutional clients signals a rise in demand for treasury services and settlement tokens, potentially creating new market opportunities. π€
Meanwhile, Bitcoin consolidates near the $114,000 mark ahead of the upcoming FOMC meeting. The anticipation surrounding rate decisions is weighing on investorsβ sentiment, leading to cautious trading. While total crypto-market cap saw a slight decline, key indicators suggest the market remains in wait-and-see mode before reacting to the potential impact of the Federal Reserve’s actions.
**Breakout Potential** π
XRP continues to show signs of breakout momentum with increased exchange reserves and rising trading volume. This bullish signal combined with a potential price surge above resistance at $2.70 warrants close attention from traders.