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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 Fed cut interest rates by 25 basis points, alts surged, APX rose over 309% in 24 hours.
On September 18, at 2 a.m. today, the Fed announced a reduction of the benchmark interest rate by 25 basis points to 4.00%-4.25%, restarting the rate cut that was paused since December last year. Affected by this favourable information, alts surged, including: APX which rose over 309% in 24 hours, currently at 0.398 dollars; KMNO which rose over 33% in 24 hours, currently at 0.0897 dollars; TST which rose over 22% in 24 hours, currently at 0.0514 dollars; EIGEN which rose over 18% in 24 hours, currently at 1.818 dollars; THE which rose over 17% in 24 hours, currently at 0.393 dollars; and JTO which rose over 12% in 24 hours, currently at 2.057 dollars.