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XRP dips 6.45% weekly amid Fed rate hike fears and Senate vote uncertainty

Market News
11 Sep 2026
CryptoTicker
View Source
Bearish
XRP dips 6.45% weekly amid Fed rate hike fears and Senate vote uncertainty

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.

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