🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
JPMorgan: If the Fed restarts rate cuts this week, the rise of US stocks may stall.
On September 15, JPMorgan warned that if the Fed resumes interest rate cuts this week, the rise in US stocks may cool down. Despite weak labor data, the market is still approaching historical highs, but history shows that after the start of a loosening cycle, the stock market often enters a consolidation period. The bank maintains a bullish outlook on emerging markets and mining stocks, favors long-term bonds, and expects the dollar to fall 4-5% in the coming months. (Bloomberg)