Greeks.live: Market Sentiment Leans Bearish, Traders Eyeing $115 SOL Price Region

At 2 a.m. Beijing time tomorrow, the Federal Open Market Committee (FOMC), which is the monetary policy-setting body of the Federal Reserve System in the United States, is expected to announce its interest rate assessment, growth and inflation forecasts, and interest rate projections on March 19th. Coindesk analysts stated that the Volmex single-day implied volatility index linked to BTC, ETH, and SOL indicates that this highly anticipated event may trigger turbulence in the cryptocurrency market, potentially leading to price fluctuations of 3% to 5% in Bitcoin (BTC), Ether (ETH), and Solana (SOL).

On March 19th, based on HTX market data, XRP has been on an upward trend. After Ripple CEO Brad Garlinghouse stated that "the U.S. SEC will drop the Ripple lawsuit appeal", the current maximum increase reached 11.5%, and it is now priced at $2.56.

On March 19th, based on the monitoring of LookOnChain, 3 hours ago, a whale address transferred 5 million USDC into Hyperliquid and then used it to purchase 315,070 HYPE, which is approximately 4.69 million USD.

On March 19th, Brad Garlinghouse, the CEO of Ripple, posted on social media suggesting that the U.S. SEC will abandon the Ripple lawsuit. This is a significant victory for Ripple and for cryptocurrency in general, regardless of how one looks at it.

On March 19th, according to HTX market data, due to Ripple CEO Brad Garlinghouse's statement that "the SEC will drop the Ripple lawsuit", XRP experienced a temporary 4.5% increase and is now trading at $2.387.

On March 19th, as per Coindesk, the crypto infrastructure provider Blockdaemon has made the acquisition of expand.network. The specific acquisition price of Expand has not been made public, but Blockdaemon has indicated that the deal is worth several hundred million dollars. Expand offers API access for DeFi and is connected to over 170 endpoints, including DEXs, bridges, lending protocols, and oracles.