XRP Price Struggles to Stay Above $1 Amid Inflation and Monetary Policy Uncertainty

Ripple's XRP has struggled to maintain its price above $1 in recent months, despite a bullish year that saw it reach a record high of over $2 in January 2026.

The cryptocurrency's momentum reversed in the second half of 2026, with XRP dipping below the $1 threshold last month. This decline came as the broader cryptocurrency market showed signs of recovery, with Bitcoin briefly climbing back above $80,000 and supporting XRP's modest gains.

However, the upswing was short-lived, and XRP mirrored the decline in Bitcoin's price to around $77,000, underscoring its correlation with the wider crypto market. Analysts point to a likely decline in prices in the near future, with strong support for XRP hovering just above the $1 mark.

The main risks for cryptocurrencies currently are rising inflation and uncertainties over US monetary policy. Federal Reserve Chair Kevin Warsh delivered a hawkish address at the annual Jackson Hole meeting, emphasizing ongoing inflationary pressures in the economy and signaling a strong possibility of further interest rate increases.