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3 Crypto Tokens That Could Explode as ECB Announces 2.25% Interest Rate Cut

The European Central Bank's 2.25% interest rate cut sparks optimism among investors. Discover top crypto tokens to buy that could explode.
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3 Crypto Tokens That Could Explode as ECB Announces 2.25% Interest Rate Cut

Highlights

  • The European Central Bank announced a 2.25% interest rate cut, influencing many crypto tokens.
  • Investors anticipate that this move could pressure the US Fed to cut rates, which is bullish for the crypto market.
  • Ethereum, XRP, and Dogecoin are the top three bullish crypto tokens to buy.

While the uncertainty persists amid US economic events, the European Central Bank has announced a 2.25% interest rate cut, influencing investor sentiments to buy crypto tokens. The crypto market has been in complete turmoil since the beginning of the year, and the Trump trade war has continuously escalated it. However, as the ECB took a significant step, the anticipation is rising for the US Fed to do the same. Before that happens and crypto turns bullish, let’s discuss the top coins that could explode.

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ECB Announced 25 Basis Point Interest Rate Cut, Time to Buy Crypto Tokens?

The European Central Bank (ECB) has announced the seventh interest rate cut of the year. With a new cut of 25 basis points to 2.4%, the rate is now at the lowest level since late 2022. Although this decision came amid slowing economic growth and countering the post-pandemic spike, the crypto tokens could feel a significant upward trend.

More importantly, this could influence the Fed’s rate cut decision, which is much needed amid Trump’s tariff introduction. Experts believe this is the only way to tackle the recession odds.

Even US President Donald Trump has asked for Jerome Powell’s termination due to the delayed rate cuts. Amid this, the market is still down but could recover once this uncertainty around rate cuts, Trump tariffs, and other macroeconomic events settles.

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3 Crypto Tokens To Buy That Could Explode Next

Amid millions of crypto options, Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE) are the best to buy. These are also the most trending and popular altcoins of the market and have significant utility and bullish performance potential.

Ethereum is at its lowest days, but is showing strong support for recovery in the last few days. Its status as a top cryptocurrency, high utility, ETF performance, and other factors make it a considerable buy option.

Similarly, XRP is on a bullish trajectory as the Ripple vs SEC case pauses, regulatory clarity builds, and the odds of spot ETF approval increase. Not to forget, the Teucrium launched the XRP ETF(leverage). Experts anticipate witnessing one of the biggest bullish rallies once the market recovers.

Similarly, experts like Alan predict Dogecoin’s 93-day bull run, which may push it towards the most anticipated $1 target. Its low price, high market demand, and bullish prediction make it among the most bullish crypto tokens to buy.

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Frequently Asked Questions

Why is the interest rate cut bullish for the crypto market?

Interest rate cuts make borrowing easier, providing more capital access to investors and boosting trading. As a result, it influences the crypto market's performance.

Which crypto tokens are good buys right now?

Ethereum, XRP, and Dogecoin are strong crypto tokens to buy candidate due to their demand, performance, and bullish predictions.

Will Dogecoin price hit $1 soon?

Although experts anticipated a 93 bull run for Dogecoin, $1 is unrealistic due to ongoing market conditions and its high circulating supply.
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Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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