XRP Futures Set Open Interest Record at CME, With $3.70 Eyed Next

OKX-BTC/USDT is currently trading at $110972.10, with a 5-minute drop of 0.02%. Please be aware of the market fluctuations.

[Fed's Barkin: Moderate Economic Performance May Lead to Moderate Rate Adjustments] On August 27, Federal Reserve official Barkin stated that if the economy continues to perform moderately, interest rates may only undergo moderate adjustments. He also emphasized that there is still uncertainty about whether the economy will develop as expected and noted that decisions will be made at the September meeting based on the latest data.

[Former Fed Vice Chair Warns: Regional Fed Presidents May Face Risk of Removal Due to Political Interference] Former Federal Reserve Vice Chair Lael Brainard stated that political interference from U.S. President Donald Trump could pose a threat to the Fed's independence. She pointed out that next year, multiple regional Federal Reserve Bank presidents may face substantial risks of removal due to political manipulation. This statement has sparked market concerns about the internal stability of the Federal Reserve and the independence of its policymaking.

Bitget ENS/USDT's perpetual trading volume surged 11 times within 10 minutes, with a turnover of 7.94 million US dollars in the past 24 hours, a decrease of 2.18% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

Derivative milestone comes as spot XRP weathers sharp $2.96–$2.84 swing on 217 million volume and institutional flows step back in.