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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Willy Woo: Bitcoin has entered a consolidation period, and a correction and sideways movement may be needed before the next breakout.
BlockBeats news, on July 31, encryption analyst Willy Woo tweeted that "July marks the transition of Bitcoin from a trend rise to a consolidation phase. Speculative sentiment is high and profit-taking behavior is suppressing market momentum, indicating that Bitcoin may need a correction or a period of sideways movement before the next round of breakout attempts."