Kicking off the new year, the first-interest rate decision comes from the newly installed US government. President
$TRUMP has repeatedly advocated for lower interest rates in recent weeks.
➢ On January 29, 2025, the Federal Reserve chose to pause the interest rate cycle, maintaining the key rate within the range of 4.2% to 4.5% for the time being.
➢ This pause is also a reflection of the Federal Reserve's focus: to ensure price stability while promoting full employment. They aim to observe the economic landscape over the next few months before considering any changes for the interest rates.
➢ Despite rising inflation in the US, the labor market shows resilience, with 250,000 jobs created in December. This has led to a slight decrease in the unemployment rate to 4.1%.
Market Update of the past 24 hours for XRP🤓:
➢
$XRP has been more stable since its sharp drop to $2.65 on January 27th. Currently,
#xrp stands at $3.15, showing a +2.45%increase in the last 24 hours. After reaching a low of $2.96 during the day, XRP quickly bounced back to $3.13. If the
#XRPArmy can maintain its position above $3.15, there is a big potential that XRP might just hit $3.20 or even higher.🚀
➢ The trading volume in USDT for the past 24 hours:
Today: 788 million, with a market cap of 181 billion.
Yesterday: 833 million, with a market cap of 177 billion.
➢ This indicates that the weekend is approaching, leading to a decrease in trading volumes. However, it also suggests a reduction in overly ambitious traders and a drop in market volatility. 📊
➢ All-Time High: $ 3.40 on the 16th of January 2025.
🤓Trading advice: If you're thinking about making a purchase for a short-term or a long-term trade, it's wise to keep a close eye on the market. Pay attention to the 1h and 15m charts, along with the 24h volume, MACD, and RSI. Observing these indicators for a period of 1-4 hours for short-term trading and to 2-3 days for long-term trading can help you lock in a better price.👍
🚨Attention: Please keep in mind that cryptocurrency investments and trades always come with risks, and market conditions can change quickly! If you enjoyed the article/post, it is greatly appreciated if you would share your thoughts in the comments, give it a like and please follow for more insights, research, analysis, and trends related to cryptocurrencies. Wishing you all lots of success for the CryptoTrends2025!🤑
Discover additional information and insights waiting for you right here:
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R.I.P. RippleXRP SEC file! SEC removes the file from the website!➢
Let me present you The Golden XRP TOP 10 List!#Xrp🔥🔥 #XRPGoal #bitcoin $XRP