XRP Slips as Traders Take Profits Ahead of Fed Decision
- XRP dipped 3.3% in 24 hours as traders cashed out some profits, currently sitting at $3.13.
- Despite the drop, it’s still up 57% year-to-date and remains the third-largest crypto.
- All eyes are on the Fed this week, with potential interest rate cuts likely to impact XRP’s next big move.
XRP’s had a bit of a stumble lately. The price dropped about 3.3% in the last 24 hours, slipping to around $3.13 at the time of writing. Still, it’s sitting comfortably as the third-largest crypto by market cap—roughly $186 billion—so it’s not like things are falling apart.
Even with this little dip, XRP’s been on a heater in 2025. It’s still up 57% since the start of the year, which is pretty impressive considering all the volatility that’s been flying around. Traders, though, seem to be locking in some profits while they can—classic move during times of uncertainty.
The Profit-Taking Was Kinda Expected
Honestly, it’s not shocking. Crypto’s been on a massive tear lately. Legislative wins, Fed rate cut hopes, and Bitcoin smashing past $123K… all of that helped fuel this recent bull run. But when things move up too fast? People get jittery. And right now, it looks like XRP holders are doing what crypto traders do best—taking some chips off the table.
Bitcoin’s rise definitely gave XRP and other tokens a boost, but we’re now seeing more cautious trading, especially ahead of this week’s big event—the Federal Reserve meeting.
Fed Meeting Could Shake Things Up
Everyone’s watching the Fed right now. The Federal Open Market Committee is meeting, and the entire crypto space is holding its breath. Will they cut rates? Will there be more cuts before year-end? Nobody really knows for sure, but the speculation alone is enough to push prices around.
Crypto bulls are hoping for a dovish tone from the Fed—something like a signal that interest rate hikes are done and easier money’s on the way. If that happens, XRP might just snap back fast. On the flip side, if the Fed stays stubborn… well, we could be in for a choppy ride.
XRP’s Still in the Game
Despite the dip, XRP hasn’t lost its shine completely. It’s still holding well above support zones, and the year-to-date gains are strong enough to keep investors interested. If macro conditions tilt in its favor, XRP might be gearing up for another big move.
The post XRP Slips as Traders Take Profits Ahead of Fed Decision first appeared on BlockNews.
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Whales Scoop 130M XRP as Price Holds Steady Near $3
XRP Slips as Traders Take Profits Ahead of Fed Decision
- XRP dipped 3.3% in 24 hours as traders cashed out some profits, currently sitting at $3.13.
- Despite the drop, it’s still up 57% year-to-date and remains the third-largest crypto.
- All eyes are on the Fed this week, with potential interest rate cuts likely to impact XRP’s next big move.
XRP’s had a bit of a stumble lately. The price dropped about 3.3% in the last 24 hours, slipping to around $3.13 at the time of writing. Still, it’s sitting comfortably as the third-largest crypto by market cap—roughly $186 billion—so it’s not like things are falling apart.
Even with this little dip, XRP’s been on a heater in 2025. It’s still up 57% since the start of the year, which is pretty impressive considering all the volatility that’s been flying around. Traders, though, seem to be locking in some profits while they can—classic move during times of uncertainty.
The Profit-Taking Was Kinda Expected
Honestly, it’s not shocking. Crypto’s been on a massive tear lately. Legislative wins, Fed rate cut hopes, and Bitcoin smashing past $123K… all of that helped fuel this recent bull run. But when things move up too fast? People get jittery. And right now, it looks like XRP holders are doing what crypto traders do best—taking some chips off the table.
Bitcoin’s rise definitely gave XRP and other tokens a boost, but we’re now seeing more cautious trading, especially ahead of this week’s big event—the Federal Reserve meeting.
Fed Meeting Could Shake Things Up
Everyone’s watching the Fed right now. The Federal Open Market Committee is meeting, and the entire crypto space is holding its breath. Will they cut rates? Will there be more cuts before year-end? Nobody really knows for sure, but the speculation alone is enough to push prices around.
Crypto bulls are hoping for a dovish tone from the Fed—something like a signal that interest rate hikes are done and easier money’s on the way. If that happens, XRP might just snap back fast. On the flip side, if the Fed stays stubborn… well, we could be in for a choppy ride.
XRP’s Still in the Game
Despite the dip, XRP hasn’t lost its shine completely. It’s still holding well above support zones, and the year-to-date gains are strong enough to keep investors interested. If macro conditions tilt in its favor, XRP might be gearing up for another big move.
The post XRP Slips as Traders Take Profits Ahead of Fed Decision first appeared on BlockNews.
Read More