#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
#XRP#
XRP (Ripple) current price and data:
* Current Price: It varies between approximately 2.21 - 2.26 USD.
* 24-Hour Change: It has generally increased between 2.87% and 3.85% in the last 24 hours.
* 24-Hour Low/High: Approximately $2.17 / $2.29
* Market Cap: Approximately $131.64 Billion - $133.03 Billion
* 24-Hour Trading Volume: Approximately $2.78 Billion - $2.94 Billion
* Circulating Supply: Approximately $58.82 Billion XRP
* Total Supply: Approximately $99.99 Billion - $100.00 Billion XRP
* All-Time High Price (ATH): Approximately $3.84 (some sources also state it as $3.40,
Additional Information:
* XRP is ranked 4th among the largest cryptocurrencies in terms of market cap.
* It has experienced a significant increase in price over the last year (approximately 350% increase).
* The price of XRP is affected by various factors such as market sentiment, technological advancements, user adoption, and macroeconomic events. is affected.
A trading strategy such as opening a long position in the price range of 2.17 - 2.19 USD and targeting 2.44 USD can be considered according to the given price data and your analysis.