This week in the crypto world was nothing short of eventful. From XRP’s surprising 70% crash despite Ripple’s positive strides to former President Donald Trump’s defense of his billion-dollar crypto income, the news was buzzing.

The SEC’s push to make the U.S. the “Crypto Capital of the World” also made headlines, as did the rapid adoption of stablecoin payment rails and the market’s “extreme fear,” causing leading cryptocurrencies to slide.

Let’s dive into the details.

XRP’s Unexpected Crash

Despite Ripple’s consistent institutional deals, regulatory victories, and ETF inflows, XRP experienced a shocking 70% crash from its peak of $3.65 in July 2025. This collapse occurred even as investors anticipated a regulatory reversal following Trump’s election, which had previously caused XRP to surge from $0.49 to $3.39 in just a few weeks.