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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 strong pump of $myx and $wld has given the market a shot of adrenaline, but looking back, $eth and $btc have been consolidating sideways. This is what I have been saying about the market manipulator's operation method: pumping alts to create a false prosperity, while the mainstream tokens take the opportunity to secretly dump. This is called "making a public show while secretly crossing the river";
$btc has been fluctuating near ma120, this sideways movement is likely waiting for a rate cut to take action, and recently continues to look for a pullback to 115000.
$eth mentioned yesterday that if it reaches above 4400, it would be the best shorting point. Yesterday it only reached 4380, so we continue to wait.
Recently recommended to the brothers that $sxt and $newt have good gains, continue to hold. $doge has rebounded to 0.25 after a pullback to 0.227 today.