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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,
Wintermute: The market has gradually digested the expectations of this interest rate cut, and BTC is unlikely to fluctuate dramatically.
PANews, September 17 - According to analysis from the crypto market maker Wintermute, in light of the Fed potentially announcing a 25 basis point rate cut tomorrow, Bitcoin traders are referencing six similar rate cut cases since 2019 to predict market reactions. Historical data shows that unexpected dovish shifts typically trigger significant fluctuations in Bitcoin within weak markets. However, compared to the past, this rate cut expectation has been gradually digested by the market, and the current macro environment is stable. Bitcoin has recently shown stable performance, with only a 2.6% increase in the past 14 days, and market sentiment has not shown signs of frenzy. Analysis indicates that this interest rate cut may lead to a moderate increase driven by liquidity, rather than drastic fluctuations.