Michael Saylor advocates for US financial institutions to securely hold Bitcoin for clients and offer asset-backed loans, projecting that the digital asset market could expand into a $100 trillion sector driven by artificial intelligence.

Bitcoin has climbed 13% since the Federal Reserve's rate hike, driven by Wall Street fund purchases. Key factors include resolved regulatory uncertainty, fading fears over higher interest rates, and favorable technical charts.

XRP advanced toward $1.50 as daily token deposits on Binance surged by 663%. Despite the massive influx, exchange reserves remained stable with almost no selling, while whale investors aggressively accumulated billions of tokens.