Bitcoin's price fluctuated significantly this week, falling below $100,000 due to the Federal Reserve's recent rate adjustments. However, it rebounded to around $105,000, driven by interest in strategic Bitcoin reserves and a pro-crypto stance from former President Donald Trump. The cryptocurrency market remains active, with Bitcoin's market cap reaching approximately $2 trillion. Additionally, there has been a notable rise in phishing scams targeting Bitcoin users, and various state governments are advocating for strategic investments in Bitcoin. Ethereum also saw gains, climbing above $4,000, while altcoins like Solana and XRP experienced rallies. The week also featured the launch of Ripple's RLUSD stablecoin and discussions surrounding the potential for U.S. Bitcoin reserves, despite Federal Reserve Chair Jerome Powell ruling out Bitcoin reserves due to legal restrictions.