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According to data from the Glassnode analytics platform, 99.6% of circulating XRP coins are currently sitting in profit, meaning the vast majority of holders are unwilling to sell at a loss. This exceptionally high profitability rate follows the cryptocurrency's sharp price surge.

Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.

Uncertainty around US President Donald Trump’s trade policies is holding back Canadian companies from investing in their businesses and consumers from spending. However, firms’ officials surveyed by Bloomberg believe the country’s economy will avoid a recession.

Last weekend’s elections in Japan have raised the likelihood of increased government spending and a wider budget deficit. Still, as Reuters reports, bond yields have so far remained stable, supported by foreign investments and an expanding economy.

The UK may regain some of its former prominence as a European manufacturing hub if Donald Trump implements proposed 30% tariffs. Alex Altmann of Lubbock Fine suggests the UK's available production capacity could attract EU-based companies looking to avoid steep US tariffs.

Solana’s price has surged past $185, hitting its highest since late May. Over the past few weeks, the cryptocurrency has soared 86% from its yearly low. The rally gained momentum after breaking through a key resistance level, drawing in new investors.

According to CoinGecko, the global cryptocurrency market capitalization surged past $4 trillion on Friday, marking a significant milestone in the asset class's evolution from niche to mainstream in the financial ecosystem.

A Deloitte survey shows UK consumer sentiment deteriorated sharply last month for the first time in nearly three years. This reflects growing public concerns about job security. A slowing labor market is hurting consumers. People are growing more concerned about their income prospects.

According to Cryptocurrency Press, an audit of the Cardano Foundation, which supports the ADA token, may influence the market confidence. Earlier accusations from the crypto community prompted head of the company Charles Hoskinson to ensure the necessary transparency of the organization.

Japanese Prime Minister Shigeru Ishiba's ruling coalition suffered a defeat in the upper house parliamentary elections. Bloomberg reports this has weakened investor confidence and triggered yen volatility.