By Jordan Lyanchev Bitcoin’s price rally that drove it past $81,000 on a couple of occasions in the past week came to a halt after the hawkish stance by the new Fed Chair displayed yesterday, and the asset slipped to a five-day low of under $77,000. Most altcoins followed suit, posting 3-5% daily declines. Ripple’s […]
Tag: XRP
By Jordan Lyanchev Ripple’s native token is among the most popular cryptocurrencies, often being the object of massive price predictions. Impressive rallies like the one that took place in the past 10 days or so only fuel such forecasts. Popular analyst EGRAG CRYPTO approached the question from a different direction. Instead of starting with an […]
XRP faced renewed selling pressure on Friday after Federal Reserve Chair Kevin Warsh delivered a hawkish message on inflation during his first Jackson Hole speech, raising concerns that U.S. interest rates could remain elevated or even move higher. The Ripple-linked cryptocurrency fell to around $1.38, marking a decline of roughly 5% over the previous 24 […]