XRP's price fell 6.45% over the past week, underperforming top cryptocurrencies due to expectations of a Federal Reserve rate hike and uncertainty around the Senate's CLARITY Act vote. The token faces technical resistance near $1.34 and $1.40, with key support levels between $1.30 and $1.34. Upcoming events—the August CPI report, the Senate vote on September 15, and the Fed decision on September 16—will likely dictate XRP's near-term price direction. Despite strong ETF inflows earlier, increased XRP supply from Ripple's escrow releases has pressured the price downward.
Ripple has upgraded its $1 billion-acquired Ripple Treasury platform by integrating GSmart AI agents to assist with liquidity management, cash flow forecasting, reconciliation, and risk assessment. These AI agents provide recommendations but require ...
Bitcoin dropped nearly 2% below $77,000 after U.S. Producer Price Index data showed a 5.4% year-over-year increase, slightly above expectations. This fueled market bets on a 74% chance of a Federal Reserve rate hike in mid-September. Other cryptocurr...
XRP has risen about 30% over the past month, trading between $1.35 and $1.38 with a market cap near $85 billion. This surge is driven by 11 consecutive days of positive inflows into U.S. spot XRP ETFs, totaling $1.68 billion, and the conclusion of Ri...
Bitcoin's recent price bottom may have been accumulated gradually by a single whale or a small group of large buyers, according to analyst Willy Woo. This is based on an unprecedented anomaly in Bitcoin's HODL Wave data, which tracks how long coins r...
Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and high...
