DeFinity USD Price & Performance (DEFXUSD)

India's foreign exchange reserves rose by $15.26 billion, reaching $653.97 billion as of March 7, marking the largest weekly increase in two years. The spike was driven by a $10 billion forex swap by the Reserve Bank of India and a rise in foreign currency assets and gold reserves.1

The U.S. stock market has shed $4 trillion in value amid investor fears over Donald Trump's tariff policies. The S&P 500 and Nasdaq experienced their steepest declines since 2022, with tech stocks like Tesla and Nvidia facing significant losses. Concerns about a potential recession have further unsettled markets.2

XRP's price surged 28% this week, rebounding to $2.42, following reports of the SEC evaluating its commodity status. Analysts predict an XRP ETF approval could attract $5 billion in inflows, potentially driving its market cap to $200 billion. Regulatory clarity is seen as a key factor behind the rally.3