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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,
#”Bitcoin’s ‘Death Cross’ Looms Amidst Trade Tensions — Is the Bull Run Over?”#
Bitcoin is approaching the dreaded “death cross,” a technical sell signal that occurs when the 50-day moving average crosses below the 200-day moving average. This pattern has historically preceded significant price declines. Currently, Bitcoin trades around $82,474, reflecting a 0.3% drop from the previous close.
Complicating matters, President Donald Trump’s recent announcement of substantial tariffs has sent shockwaves through global markets. The Dow Jones Industrial Average plummeted by over 2,200 points (5.5%), marking the worst stock-market rout in five years. In contrast, Bitcoin showed resilience, rising 0.9% to approximately $83,961. 
#BTC#