Trump Meeting and Fed Rate Decision Set Stage for XRP Price Volatility
XRP's price hovered near $1.35 on Sunday as Washington events unfolded. The Federal Reserve's interest rate decision on Wednesday added another catalyst for market volatility.
President Donald Trump met with advisers on Friday to discuss the CLARITY Act, a major cryptocurrency bill set to be voted on by the Senate next week. The meeting's outcome remains undisclosed.
The Senate faces a procedural vote on Tuesday, and lawmakers continue debating ethics safeguards and the treatment of stablecoin rewards. A cloture vote is scheduled for September 15 at 2:15 p.m. ET, requiring 60 votes to pass.