Ripple (XRP) extends gains for the second day in a row, trading at around $3.25 on Wednesday. XRP mirrors positive market sentiment across the cryptocurrency cycle market after the United States (US) July inflation came in below expectations, ramping up bets for the first interest rate cut this year in September.
Pump.fun (PUMP) is reversing part of the gains amid volatile sentiment in the broader cryptocurrency market. The token native to Pump.fun meme coin launchpad is trading at $0.00384, down over 4% at the time of writing on Wednesday.
Back in June, I highlighted uranium’s breakout above the upper Bollinger Band as an early sign of sector strength. Since then, the move hasn’t faded, uranium continues to ride that upper band, showing strong, persistent momentum. The Global X Uranium ETF (URA) is leading the charge, supported by recent executive actions promoting deregulation in nuclear energy and what some are calling a “nuclear renaissance.”
