Veteran trader VirtualBacon says the cryptocurrency market may be poised for a liquidity-driven rally as the Federal Reserve approaches the end of quantitative tightening. Goldman Sachs and Bank of America project QT could conclude by November or December 2025, potentially creating favorable conditions for Bitcoin and altcoins. The CME FedWatch tool shows a 99.9% probability of a rate cut this month, with an 87.9% chance of another reduction later this year.

XRP rose over 5.4% to approximately $2.57 following two institutional milestones. The XRPR spot ETF exceeded $100 million in assets under management, with nearly 40% coming from hedge funds and institutional portfolios, according to REX-Osprey. CME Group reported XRP futures contracts have generated over $26.9 billion in notional volume since launching in May.