The Federal Reserve Just Opened The Floodgates | XRP Holders Pay Attention!

Market Analysis and Trends - The crypto market is showing strong impulsive moves, with Bitcoin up 726% and XRP up 767% [1] - The total crypto market cap has rebounded to over $3 trillion, adding nearly $40 billion in the last 4 hours and over $230 billion since a recent drop [2][3] - The Fear and Greed Index remains at 16, indicating extreme fear, suggesting potential for further upside [1] - The market is watching for Bitcoin to break over $91500 to confirm a strong reversal and a potential bottom [8] - XRP needs to close above $223 to break major resistance [10] Federal Reserve Impact - The Federal Reserve's ending of its three-year quantitative tightening (QT) program is seen as a major catalyst for the market rebound, injecting liquidity [21][39] - The Fed has also been injecting billions into the US banking system, with $135 billion in overnight repos [25] - The market anticipates the FOMC meeting in 8 days as another potential catalyst, already pricing in a rate cut [30][31] Exchange and Security Concerns - Bybit, a top crypto exchange, experienced a $14 billion hack, highlighting security risks [17] - iTrust Capital offers premium custody accounts with closed-loop systems to protect assets, allowing withdrawals only in USD linked to a US bank account [18] ETF Performance - Spot and leverage volume for ETFs is over $40 million, with Franklin Templeton at $7 million, Bitwise at $63 million, and Canary at $3 million [20]