#XRP
After Jerome Powell's speech at the Jackson Hole symposium, the cryptocurrency market recorded significant gains. Powell signaled possible interest rate cuts as early as 2025, which fueled optimism among investors. Bitcoin (BTC) rose approximately 4%, while Ethereum (ETH) led the gains with an increase of 13%, surpassing US$ 4.700. **XRP** appreciated by 5%, and **BNB** reached an all-time high above US$ 882, with an increase of 8%.
Experts attribute the movement to expectations of greater liquidity and the weakening of the dollar, which benefit risk assets. However, analysts warn of excessive euphoria, as mentions of "Fed cuts" on social media reached historical peaks, potentially indicating unsustainable euphoria in the short term.
