FeesSafety
Pluang+

XRP dips to $1.40 as strong US jobs data raises Fed rate hike odds to 51%, despite BIS testing XRP Ledger.

Market News
05 Sep 2026
Coincu
View Source
Bearish
XRP dips to $1.40 as strong US jobs data raises Fed rate hike odds to 51%, despite BIS testing XRP Ledger.

XRP fell to around $1.40 following stronger-than-expected US jobs data that increased the probability of a Federal Reserve rate hike to 51%, triggering a broader crypto market selloff. Meanwhile, the Bank for International Settlements (BIS) published a working paper testing the XRP Ledger's consensus protocol, highlighting its technical strengths but not signaling any immediate adoption or partnership. Despite the dip, XRP remains up over 35% in the past 30 days, supported by ongoing institutional demand through XRP ETFs. The market reaction reflects macroeconomic concerns rather than a loss of confidence in XRP or its technology.

More News (XRP)

Banks could boost profits by $100M using digital asset custody beyond crypto trading, says Ripple study.

Banks could boost profits by $100M using digital asset custody beyond crypto trading, says Ripple study.

A Ripple-commissioned study by Boston Consulting Group finds that regional banks with $200-$300 billion balance sheets could improve financial results by up to $100 million through enhanced digital asset custody services. Custody is evolving from sim...

Protocol Fundamentals
Bullish
7 hours ago
Bitcoin edges up 0.09% to $80,922 as total crypto market cap dips 2.63% to $2.73T

Bitcoin edges up 0.09% to $80,922 as total crypto market cap dips 2.63% to $2.73T

Bitcoin rose slightly by 0.09% to $80,922 while the total cryptocurrency market capitalization fell 2.63% to $2.73 trillion over 24 hours. Ether dropped 0.55% to $2,367, but XRP, BNB, and Solana saw modest gains. Trading volume was $56.50 billion, wi...

Market News
Neutral
8 hours ago
XRP ETFs see $1.81B inflows but holdings drop to $1.48B due to falling XRP prices

XRP ETFs see $1.81B inflows but holdings drop to $1.48B due to falling XRP prices

Since their launch in November 2025, U.S. spot XRP ETFs have attracted about $1.81 billion in net inflows, yet the current market value of their holdings has declined to $1.48 billion due to XRP's price drop. This $330 million gap highlights how fall...

Market News
Bearish
8 hours ago
XRP falls nearly 30% in 2026 despite Ripple's growing Wall Street partnerships

XRP falls nearly 30% in 2026 despite Ripple's growing Wall Street partnerships

XRP has dropped about 29% in 2026 even as Ripple expands its presence with major Wall Street institutions like BlackRock and JPMorgan in tokenization projects. Ripple Prime is part of a DTCC initiative to digitize securities, but XRP is not yet confi...

Market News
Bearish
9 hours ago
Ripple set to release 1 billion XRP from escrow on Nov 1 amid price struggles near $1.30

Ripple set to release 1 billion XRP from escrow on Nov 1 amid price struggles near $1.30

Ripple plans to release one billion XRP tokens from escrow on November 1, potentially increasing available supply by $1.3 billion at current prices. However, Ripple typically returns a large portion of unlocked XRP back to escrow, limiting immediate ...

Market News
Neutral
9 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App