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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)

Bitcoin falls below $82K amid rising US inflation driven by high oil prices

Bitcoin falls below $82K amid rising US inflation driven by high oil prices

Bitcoin's price dropped below $82,000 as US Consumer Price Index (CPI) inflation rose, influenced by surging oil prices. Higher oil costs are pushing inflation up, which can affect investor sentiment and market dynamics, including cryptocurrencies li...

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Protocol Fundamentals
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Solana leads crypto analyst sentiment with 91% bullish rating, Bitcoin and Ether also see strong positive trends.

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XRP price drops 2.15% amid $320K long liquidations across major exchanges

XRP price drops 2.15% amid $320K long liquidations across major exchanges

XRP's price fell 2.15% to $1.29 in one hour ending at 05:52 UTC on Oct. 15, driven by $320,000 in long position liquidations across Binance, Bybit, and OKX. No short position liquidations were reported during this period. XRP remains the fifth larges...

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Nearly $1 billion in crypto bets liquidated as bitcoin, ether, and XRP prices fall sharply

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Nearly $1 billion in cryptocurrency futures positions were liquidated within 24 hours amid falling prices for bitcoin, ether, and XRP. Ether traders faced the largest losses, with about $286 million in liquidations as ether dropped over 6% to around ...

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