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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,
As the Fed is about to hold an important meeting, Trump suddenly made a shocking prediction, claiming that the Fed will "significantly cut interest rates." This statement immediately caused a huge reaction in the global financial markets, becoming the focus of attention from all sides. As the first influential figure to publicly predict an interest rate cut in nearly nine months, Trump's remarks have created a huge wave in the calm market, like a heavyweight bomb.
Currently, the market widely expects the Fed to announce a 25 basis point rate cut on September 18. However, Trump's claim of a "significant rate cut" has made the previously clear direction of interest rates ambiguous. This has sparked intense discussions among global investors: Does Trump have some insider information? Or is he intentionally trying to influence market expectations? Related topics have rapidly heated up on financial forums and social media, once again highlighting the impact of the "Trump effect."
In the past, Trump has repeatedly criticized the Fed's monetary policy in public, expressing strong dissatisfaction with Chairman Powell's "data-driven" decision-making approach. He even sarcastically referred to Powell as "Too Late Powell," accusing him of being slow to act on interest rate cuts. During this sensitive period, Trump has spoken out again; is there a hidden agenda? Is it to boost the economy for electoral benefit, or is he trying to influence the Fed's independent decision-making? Regardless of his motives, this upcoming meeting is bound to be anything but calm, and the global markets will face a significant test.
As the financial storm approaches, are investors prepared? How might the cryptocurrency market be affected? These questions are worth pondering. In this time of uncertainty, it is particularly important to remain vigilant and conduct rational analysis.