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Pledge one crypto to borrow another
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- ๐ฏ To further enhance the user experience on Gate Square, we sincerely invite you to take part in our first User Experience Survey ๐ https://www.gate.com/questionnaire/7086
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๐ฅ Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
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Ripple is ready to launch.
The price of XRP is currently trading at just under $3, but it sees a realistic path toward a price range of $10 to $13 before the end of the year. In fact, some scenarios place the price of Ripple between $20 and $25, depending on how events unfold. Why might U.S. politics and the XRP exchange-traded fund ignite the next big surge?
The first factor on Klaver's list is U.S. monetary policy. Klaver believes that interest rate cuts by the Federal Reserve could stimulate new demand for risky assets. Cryptocurrencies have always responded well to lower borrowing costs, and he argues that Bitcoin and the XRP token will not be an exception. Market data already shows a probability exceeding 96%.