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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,
The US just revised last year’s payroll numbers down by 911,000 jobs, the biggest cut in history. 🚨
This shows the economy is much weaker than everyone thought.
Unemployment is already at 4.3%, the highest since 2021.
Bankruptcies are rising fast.
Instead of strength, the labor market is flashing recession signals.
For markets, that’s a warning:
⚠️ Weak jobs + sticky inflation = tough road ahead.
⚠️ The Fed may not be able to cut as much as traders hope.
⚠️ Risk assets like crypto could see more pain before relief comes.