XRP Breaks Above $1.45 as Fed Rate Signals Fuel Crypto Gains
XRP's price surged by around 6% in one trading session, pushing it above $1.45. This move followed dovish comments from Federal Reserve officials, which lifted the broader crypto market with it.
The rally stems from shifting expectations around Fed interest rate policy, with risk assets across markets benefiting from traders pricing in a friendlier rate path ahead.
XRP's 24-hour trading volume held near $4 billion, and its market cap settled around $90.9 billion, placing it among the largest cryptocurrencies by market presence.