Recent developments are reshaping crypto market dynamics. Trump's 25% tariffs on non-domestic semiconductor imports are creating ripples across tech-dependent sectors, while simultaneous de-escalation signals toward Iran pushed WTI crude below $60, signaling broader geopolitical recalibration. For the crypto space, JPMorgan's outlook is particularly noteworthy—the bank forecasts crypto inflows will sustain momentum into 2026 following roughly $130B in net inflows throughout 2025, suggesting institutional appetite remains robust despite volatility. On the regulatory front, Ripple continues gaining traction with preliminary EMI (Electronic Money Institution) approval secured in Luxembourg, marking tangible progress toward mainstream financial integration. These converging signals—policy shifts, macro headwinds, institutional conviction, and regulatory wins—paint a complex but potentially bullish picture for digital assets heading into the new year.