🌕 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,
Concerns about the rise of the US economy intensified, with the dollar hitting a one-week low.
On March 18, the dollar resumed its fall trend, falling to a one-week low. Earlier in this trading session, it briefly rebounded, but due to growing concerns about the US economy, the dollar came under pressure again. ING analyst Francisco Pessolano said that the weak US retail sales data released on Monday exacerbated concerns about deteriorating consumption prospects. The Trump administration has stated that it may accept an economic recession as a necessary cost of tariffs. Trump has confirmed that he will advance with retaliatory tariffs on April 2. ING also believes that if negotiations between the US and Russia on the ceasefire in Ukraine progress on Tuesday, safe-haven funds may decrease, and the dollar may face further downside risks.