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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,
According to the latest data analysis, the possibility of the Fed implementing an interest rate cut in September is quite high. The data shows that the probability of a 25 basis point rate cut is as high as 94.2%, while the probability of a 50 basis point cut is 5.8%. The Fed will announce its interest rate decision as of the 17th at 2 AM on September 18th, and the market expects the upper limit of the interest rate to possibly decrease to 4.25%, down from the previous value of 4.5%.
The impact of this decision on the financial markets should not be underestimated. If the Fed cuts interest rates as expected, the market may experience a brief surge, but then it could face a "buy the rumor, sell the news" situation, leading to a mid-term correction. Conversely, if the Fed keeps interest rates unchanged, the market may undergo severe fluctuations similar to those in August last year, triggering a short-term deep correction, but it may then welcome several weeks of rebound.
Regardless, the Fed's interest rate decisions will have a significant impact on market direction. Investors should closely monitor this decision and adjust their investment strategies in a timely manner based on the results. At the same time, other influencing factors such as the global economic situation and geopolitical risks should also be considered to comprehensively assess the market outlook.
In this period full of uncertainty, it is particularly important to maintain a cautious and flexible investment attitude. Market participants should be prepared for various situations, including potential extreme fluctuations. At the same time, one should also pay attention to long-term investment opportunities and not be swayed by short-term volatility.