🏦The U.S. budget deficit reached a record $432 billion last month, up 48% from a year earlier. Since the start of fiscal year 2026, the deficit has totaled $1.8 trillion, exceeding the entire figure for 2025. Net tariff revenues were negative due to $33.4 billion in refunds to importers. Why this matters to investors❓ The budget deficit affects the market: a high deficit could lead to rising inflation, higher taxes, or tighter monetary policy, which could be negative for cryptocurrencies. $BTC ‌$ETH ‌$SOL ‌

8.13 Thursday XRP Afternoon Outlook XRP is generally trading weakly in line with the broader market today. After briefly surging following the release of the overnight CPI data, it then retreated, underperforming Bitcoin. The daily chart remains in a downward channel, with the price remaining below all short-term moving averages. Technically, the current price is near the psychological 1.00 level. The short-term resistance above is 1.06‑1.08. Only if XRP breaks out on increased volume and holds within this range will it have an opportunity to recover from its short-term weakness. The first intraday defensive support is 1.01‑1.03, serving as the intraday short-term bull-bear dividing line, while the key strong support is 0.98‑1.00. Trading recommendation: short at 1.022-1.027, stop-loss at 1.035, target 1.00-0.90$BTC $ETH $SOL

🏦 Goldman Sachs acquired NEOS Investments for $2.25 billion. As part of the deal, the bank gained control of a Bitcoin ETF (ticker BTCI) with approximately $1.1 billion in assets under management. The financial giant will also gain control of an options-based trading platform with $30 billion in turnover. "Now I understand why Goldman Sachs never launched the covered call option product on Bitcoin they applied for several months ago," noted Bloomberg stock analyst Eric Balchunas. #btc #usdt #usdc #xrp #ltc $GT $ETH $SOL