Bitcoin edged up 0.65% to $83.5K as traders await U.S. inflation data and the Fed's next move. Options markets hint at recovery hopes, but without stronger spot buying, the bulls may be celebrating a little early.
The macro backdrop isn't exactly rolling out the red carpet. Elevated Treasury yields, oil prices and previous Bitcoin ETF outflows are keeping risk appetite in check. Sustained ETF inflows and stronger U.S. demand could change the mood. Until then, inflation remains the party guest nobody invited.
Ripple-backed Evernorth debuted on Nasdaq under XRPN, holding roughly 473 million XRP and reporting $300 million in merger proceeds. Its XRP treasury was valued at around $639 million, giving traditional investors fresh crypto exposure—and a front-row seat to its volatility.
#xrp $XRP
The macro backdrop isn't exactly rolling out the red carpet. Elevated Treasury yields, oil prices and previous Bitcoin ETF outflows are keeping risk appetite in check. Sustained ETF inflows and stronger U.S. demand could change the mood. Until then, inflation remains the party guest nobody invited.
Ripple-backed Evernorth debuted on Nasdaq under XRPN, holding roughly 473 million XRP and reporting $300 million in merger proceeds. Its XRP treasury was valued at around $639 million, giving traditional investors fresh crypto exposure—and a front-row seat to its volatility.
#xrp $XRP