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XRP holds above $1.34 as US inflation data eases Fed rate hike fears

Market News
10 Apr 2026
UToday
View Source
Bullish
pluang ai news

XRP price remains steady above $1.34 following the release of US core CPI data for March, which showed a smaller-than-expected increase of 0.2%. This cooler inflation reading reduces pressure on the Federal Reserve to raise interest rates aggressively, providing a supportive environment for XRP and other large-cap cryptocurrencies. Despite headline inflation rising due to energy price spikes and geopolitical tensions, the market views the Fed as likely to keep rates on hold through 2026, leading to sideways price action with a slight upward bias for XRP. Investors see XRP as a potential hedge amid inflation uncertainty and external shocks beyond the Fed's control.

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