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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,
In the crypto assets market, investors often follow the price movement of major coins. Recently, an interesting hypothesis has been raised: is it possible for DOGE to fall to $0.05 in the fourth quarter? The essence of this question is actually similar to asking whether Bitcoin will fall to $20,000 by the end of the year.
From another perspective, we might as well ask ourselves: how likely do you think it is for Bitcoin to fall to $20,000 in the fourth quarter? The answer to this question may give us a deeper understanding of the price movement of the entire Crypto Assets market.
Currently, there are several factors in the market worth following that may affect the price movement of Crypto Assets. First, Bitcoin ETFs have seen net inflows for three consecutive weeks, which may indicate that institutional investors' interest in Bitcoin is increasing. Second, expectations for a Federal Reserve interest rate cut are rising, which may impact the overall economic environment and, in turn, the Crypto Assets market.
In this complex market environment, investors need to closely follow various market signals and rationally assess various possibilities, rather than jumping to conclusions. Whether it is Bitcoin or DOGE, their future movements will be influenced by multiple factors, requiring us to maintain a vigilant and calm analytical attitude.