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XRP Price Holds Steady Ahead of Fed Decision Amid Regulatory Uncertainty

Guavy AI Editorial Team
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XRP
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The price of XRP is holding above $1.07 as traders await the Federal Reserve's latest interest-rate decision, amidst renewed uncertainty surrounding the CLARITY Act.

The SEC has stated it is prepared to use its rulemaking authority to address digital asset market structure issues if Congress fails to pass comprehensive legislation.

XRP was trading at around $1.087, up about 1.83% in the latest session, according to TradingView data.

The Federal Reserve's July 28-29 meeting is adding another layer of uncertainty for the broader cryptocurrency market.

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