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XRP News Today: With Trump Urging the Fed, Crypto Markets Consider Interest Rate Reductions and Market Fluctuations

XRP News Today: With Trump Urging the Fed, Crypto Markets Consider Interest Rate Reductions and Market Fluctuations

Bitget-RWA2025/10/29 08:28
By:Bitget-RWA

- Trump's pressure on the Fed to cut rates intensifies crypto market speculation ahead of October 29 policy meeting. - Bitcoin shows resilience with $400M TVL growth, while XRP surges 88% on ETF launches and institutional demand. - Fed's dovish pivot could boost crypto via weaker dollar, but hawkish surprises risk pullbacks amid Trump-Xi summit uncertainty. - Institutional adoption accelerates with new ETFs and staking products, signaling broader crypto market legitimacy. - Trump's 4% GDP growth forecast a

Trump has ramped up his calls for the Federal Reserve to lower interest rates, fueling speculation in the markets ahead of the central bank’s policy meeting on October 29. Investors are paying close attention to how the Fed’s decision could affect the cryptocurrency sector. The U.S. president has repeatedly targeted Fed Chair Jerome Powell, labeling him “Jerome ‘Too Late’ Powell” and demanding quicker measures to boost the economy, especially as import tariffs rise and geopolitical risks persist, according to

. Trump’s comments, which echo widespread expectations for rate reductions, have contributed to increased volatility in risk assets such as and other digital currencies, as noted by .

Bitcoin’s value has remained robust, with blockchain data showing a $400 million rise in Bitcoin’s total value locked (TVL) in DeFi protocols over the past 10 days, indicating renewed confidence among long-term holders, according to

. Experts believe that Bitcoin is evolving from being seen as a gold alternative to a technology-driven asset that now competes more directly with stocks. Based on CME FedWatch, markets are currently factoring in a 96.2% chance of a 375-400 basis point rate cut, and positive developments from the Trump-Xi Jinping meeting on October 30 could further boost prices, Yahoo also reported.

XRP News Today: With Trump Urging the Fed, Crypto Markets Consider Interest Rate Reductions and Market Fluctuations image 0

Meanwhile, XRP has climbed more than 88% from its monthly low, driven by growing institutional interest and the introduction of spot ETFs. The CME’s

futures open interest reached $9.9 billion, and the REX-Ospey XRP ETF has accumulated $100 million in assets, according to . Ripple’s latest initiatives, such as launching Ripple Prime and seeing its RLUSD stablecoin approach $1 billion in assets, have added to the positive sentiment. Analysts believe that if macroeconomic trends remain favorable, XRP’s rally could extend toward $3, as highlighted in the Crypto.news article.

The direction of Fed policy remains a key factor. Trump’s projection of 4% U.S. GDP growth in the first quarter of 2026, despite doubts from economists about the impact of his tariffs, has intensified calls for more accommodative monetary policy, the Economic Times noted. Market analysts caution that while a dovish Fed could lift crypto prices by weakening the dollar, a more hawkish stance or unexpected inflation could lead to corrections. The upcoming rate decision and the Trump-Xi summit are seen as pivotal moments for risk sentiment, experts told Coinotag.

Institutional interest in crypto is also on the rise. Bitwise’s $BSOL, the first U.S. spot

ETP, launched on the NYSE on October 28, 2025, according to , while Grayscale’s GDLC ETF now provides diversified exposure to Bitcoin, , Solana, XRP, and , as reported by . These offerings highlight a growing trend toward regulated crypto investment, with Grayscale’s Solana Trust recently introducing staking. Analysts believe these advancements could attract even more capital to crypto, especially if the Fed opts for aggressive rate reductions.

With the Trump administration aiming for 4% economic growth and $21 trillion in investment by 2026, according to

, the interplay between macroeconomic policy and the crypto market remains in the spotlight. Investors are weighing short-term market swings against long-term prospects, with Bitcoin and leading altcoins likely to respond sharply to any unexpected policy moves.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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