TL;DR
- Jerome Powell, the Fed’s Grandmaster of Monetary Magic, hinted at a possible rate cut in September. 🧙♂️
- Rate cuts? More like a crypto investor’s dream-bullish for riskier assets, but also a recipe for chaos. 🤯
Fed Rate Cuts to Pump XRP?
The Jackson Hole speech was a crypto market thriller, with BTC, ETH, and XRP all taking a dive. 🪂
Although Powell didn’t confirm a September cut, investors treated his words like a treasure map-rushing to pile into crypto. BTC briefly hit $117k, ETH hit a new high, and XRP? It’s currently playing hide-and-seek with $2.8. 🕵️♂️
Polymarket’s odds for a rate cut jumped from 60% to 80%-a crypto market trend that’s as predictable as a toddler’s mood swings. 😂
If rate cuts are due to a recession, the market might panic, and XRP could be the first to flee. 🚨
Overall, if the Fed cuts rates and ETFs approve, XRP could have a bullish run-unless the market decides to play hide and seek again. 🕵️♂️
If rate cuts coincide with an XRP ETF approval or favorable legal clarity, XRP’s upside could accelerate toward – or beyond – its all-time high. 🚀”
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2025-08-24 15:49