{"id":34521,"date":"2025-02-12T22:22:13","date_gmt":"2025-02-13T01:22:13","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/02\/12\/xrp-news-today-ripple-case-why-todays-meeting-could-change-everything-btc-at-97k\/"},"modified":"2025-02-12T22:22:13","modified_gmt":"2025-02-13T01:22:13","slug":"xrp-news-today-ripple-case-why-todays-meeting-could-change-everything-btc-at-97k","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/02\/12\/xrp-news-today-ripple-case-why-todays-meeting-could-change-everything-btc-at-97k\/","title":{"rendered":"XRP News Today: Ripple Case\u2014Why Today\u2019s Meeting Could Change Everything; BTC at $97K"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><figcaption id=\"caption-attachment-1497418\" class=\"wp-caption-text\">BTCUSD \u2013 Hourly Chart \u2013 130225<\/figcaption><h2 id=\"us-strategic-bitcoin-reserve-in-focus\">US Strategic Bitcoin Reserve in Focus<\/h2>\n<p>Wednesday\u2019s brief pullback was followed by a rebound, with BTC gaining support from progress toward a national US <a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/btc-price-analysis-strategic-reserve-speculation-fuels-200k-projections-1487975\" target=\"_blank\" rel=\"noopener noreferrer\">Strategic Bitcoin Reserve<\/a> (SBR). In late 2024, Senator Cynthia Lummis introduced the Bitcoin Act, proposing the US government acquire one million BTC over five years, with a mandatory holding period of 20 years. A US SBR would tilt the supply-demand balance firmly in BTC\u2019s favor.<\/p>\n<p>While Senator Lummis pushes for Congress to support the bill, state-level momentum is rising.<\/p>\n<ul class=\"small-bullet-points\">\n<li>The House for the US State of Utah recently <a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/xrp-news-today-sec-faces-legal-pressure-could-it-drop-the-appeal-btc-moves-higher-1496083\" target=\"_blank\" rel=\"noopener noreferrer\">passed<\/a> legislation for an SBR.<\/li>\n<li>New Hampshire lawmakers introduced HB92, proposing that 10% of state funds be allocated to BTC ETFs.<\/li>\n<\/ul>\n<p>The number of states eying an SBR is growing beyond Trump\u2019s footprint. Massachusetts and New Hampshire, traditionally blue states, are also advancing BTC-related legislation.<\/p>\n<p>If Congress passes the Bitcoin Act, it could fuel global FOMO, similar to past trends in <a href=\"https:\/\/www.fxempire.com\/commodities\/gold\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> accumulation.<\/p>\n<p>Amicus Curiae attorney John E Deaton recently <a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/xrp-news-today-sec-appeal-looms-as-genslers-era-ends-sbr-talk-boosts-btc-1487717\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a>:<\/p>\n<blockquote>\n<p>\u201cIf the US Government (USG) passes Senator Lummis\u2019 Bill and begins buying BTC, it will no doubt cause other nations to follow suit, just like with gold. It could literally create Nation State FOMO, and if that occurs, $1M per BTC happens a lot faster than people think.\u201d<\/p>\n<\/blockquote>\n<h2 id=\"bitcoin-price-outlook\">Bitcoin Price Outlook<\/h2>\n<p>On Wednesday, February 12, BTC gained 2.17%, reversing Tuesday\u2019s 1.71% loss, closing at $97,881.<\/p>\n<p>While progress toward a national SBR remains crucial, other key factors to watch include:<\/p>\n<ul class=\"small-bullet-points\">\n<li>US Tariff policies and trade tensions.<\/li>\n<li>Upcoming US producer prices and jobless claims data.<\/li>\n<li>US BTC-Spot ETF Market Flow Trends.<\/li>\n<\/ul>\n<p>Possible Scenarios:<\/p>\n<ul class=\"small-bullet-points\">\n<li>Bearish: Rising tariffs, strong US economic data, and a hawkish Fed could push BTC toward $90,000.<\/li>\n<li>Bullish: Easing US-China tensions, weaker US economic indicators, and increased BTC-spot ETF demand could send BTC toward its all-time high of $109,312.<\/li>\n<\/ul>\n<figure id=\"attachment_1497419\" aria-describedby=\"caption-attachment-1497419\" class=\"wp-caption alignnone\"\/><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] BTCUSD \u2013 Hourly Chart \u2013 130225US Strategic Bitcoin Reserve in Focus Wednesday\u2019s brief pullback was followed by a rebound, with BTC gaining support from progress toward a national US Strategic Bitcoin Reserve (SBR). In late 2024, Senator Cynthia Lummis introduced the Bitcoin Act, proposing the US government acquire one million BTC over five years, with a mandatory holding period of 20 years. A US SBR would tilt the supply-demand balance firmly in BTC\u2019s favor. While Senator Lummis pushes for Congress to support the bill, state-level momentum is rising. The House for the US State of Utah recently passed legislation for an SBR. New Hampshire lawmakers introduced HB92, proposing that 10% of state funds be allocated to BTC ETFs. The number of states eying an SBR is growing beyond Trump\u2019s footprint. Massachusetts and New Hampshire, traditionally blue states, are also advancing BTC-related legislation. If Congress passes the Bitcoin Act, it could fuel global FOMO, similar to past trends in gold accumulation. Amicus Curiae attorney John E Deaton recently stated: \u201cIf the US Government (USG) passes Senator Lummis\u2019 Bill and begins buying BTC, it will no doubt cause other nations to follow suit, just like with gold. It could literally create Nation State FOMO, and if that occurs, $1M per BTC happens a lot faster than people think.\u201d Bitcoin Price Outlook On Wednesday, February 12, BTC gained 2.17%, reversing Tuesday\u2019s 1.71% loss, closing at $97,881. While progress toward a national SBR remains crucial, other key factors to watch include: US Tariff policies and trade tensions. Upcoming US producer prices and jobless claims data. US BTC-Spot ETF Market Flow Trends. Possible Scenarios: Bearish: Rising tariffs, strong US economic data, and a hawkish Fed could push BTC toward $90,000. Bullish: Easing US-China tensions, weaker US economic indicators, and increased BTC-spot ETF demand could send BTC toward its all-time high of $109,312. 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