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XRP falls to $1.36 after US inflation data raises rate hike odds, pressuring crypto markets.

Market News
14 Oct 2026
FXEmpire
View Source
Bearish
XRP falls to $1.36 after US inflation data raises rate hike odds, pressuring crypto markets.

XRP dropped to $1.36 following a US inflation report showing core inflation rose 0.3% month-over-month, surpassing expectations. The Consumer Price Index increased to 3.7% annually, driven by higher energy costs, doubling the chances of a Federal Reserve rate hike in October to 44%. This outlook pressured risky assets including cryptocurrencies, with XRP breaking below key support levels and facing potential further declines. Meanwhile, a recent XRP Ledger security flaw was patched without exploitation, and Evernorth launched its XRP digital asset treasury amid market volatility. Persistent inflation and geopolitical tensions suggest continued challenges for crypto markets ahead.

XRP is trading at Rp23.821 on Pluang with a 3.45% decline over the past day as of Oct 14, 2026 21:51 WIB, reflecting ongoing pressure on the cryptocurrency amid inflation concerns. The market cap stands at Rp1.512,86 trillion with a 24-hour trading volume of Rp40,18 trillion, showing active investor engagement despite volatility. The platform data shows a majority of 61% buy orders, indicating some confidence among traders even as XRP faces downward momentum linked to inflation and rate hike fears.

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