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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,
Bitcoin price analysis: how likely is it that BTC will exceed $100,000 this week?
Description: Bitcoin is currently trying hard to regain momentum as its price action stagnates around the 100-day moving average. The current market structure implies a turning point where a bullish rebound remains a strong possibility, but a breakout could lead to a deeper correction. The likelihood of BTC surpassing $100,000 this week remains uncertain and depends on several factors. On-chain analysis indicates that profit-taking by long-term investors is the main reason for the current consolidation. However, lower profit levels than last summer suggest that selling pressure may ease, providing the necessary impetus for a new stage.