-
XRP hammers on $2.00 support as downside risks escalate
Ripple (XRP) is trading above $2.00 at the time of writing on Thursday, weighed down by increasing selling pressure in the broader cryptocurrency market. Short-term technical signals underpin the bearish outlook, which could accelerate the downtrend toward April’s low of $1.61. Meanwhile, the Federal Reserve (Fed) proceeded with the much-anticipated cut, bringing its benchmark lending rate to a range of 3.50%-3.75% on Wednesday. Despite meeting expectations, the rate cut was accompanied by a cautious tone. Fed Chair Jerome Powell emphasized upside inflation risks and a slow labor market as factors that could ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From fxstreet.com | Dec 11, 2025
Cardano (ADA) is extending its decline and approaching the pivotal $0.40 level at the time of writing on Thursday. The sell-off occurs despite the Federal Reserve (Fed) decision to ease monetary policy, which dampened sentiment across the crypto market due to the rising uncertainty about the easing path in 2026. Despite the Fed cutting its benchmark lending ...
From fxstreet.com | Dec 11, 2025
Solana (SOL) price is trading below $130 at the time of writing on Thursday, after being rejected at the upper boundary of its falling wedge pattern. The broader market weakness following the Federal Reserve’s hawkish rate cut has added to downside momentum. Additionally, SOL's on-chain data suggest further downside, with rising sell-side dominance. The ...
From cointelegraph.com | Dec 11, 2025
Bitcoin's price action remained underwhelming this week after another failed attempt to reclaim the monthly volume-weighted average price (VWAP), with BTC consolidating near $90,000 following the Federal Reserve’s 0.25% interest rate cut. The market continued to reject any meaningful push above $93,000, thereby limiting bullish momentum. One Bitcoin analyst ...
