New York, Jan 11, 2026, 12:23 EST — Market closed
- XRP was last seen near $2.09, holding steady over the past 24 hours as U.S. markets remained closed for the weekend
- Ripple announced it has secured UK approvals to grow its licensed payments operations
- Traders are focused on Tuesday’s U.S. CPI data and clues from the Fed’s late-January comments for the next move in risk assets
XRP hovered around $2.09 on Sunday, edging up roughly 0.1% in the past 24 hours after a subdued weekend in crypto trading. The 24-hour volume clocked in at about $1.25 billion. According to CoinMarketCap, XRP remains the fourth-largest cryptocurrency by market cap. 1
The trigger here is regulatory, not technical. Ripple’s UK permissions arrive as markets brace for a week packed with U.S. inflation data, a key factor that could shift rate expectations and, in turn, influence demand for riskier bets like cryptocurrencies.
That mix is crucial now since XRP straddles two narratives: partly a “payments” play, partly a macro bet. When inflation heats up and investors seek safety, tokens often take a quick hit.
Bitcoin gained around 0.4% in the last 24 hours, with ether climbing close to 1%. The broader crypto market cap nudged upward, per data from CoinMarketCap. 2
Ripple confirmed on Friday it has won approval for an Electronic Money Institution (EMI) licence, enabling the company to issue electronic money and offer payment services, alongside a cryptoasset registration from the UK’s Financial Conduct Authority. Monica Long, Ripple’s president, described the move as the firm “moving beyond pilots” amid blockchain’s evolution into core infrastructure. Cassie Craddock, UK and Europe managing director, called the approvals “a pivotal moment.” 3
Ripple Payments enables institutions to send cross-border payments, handling the backend infrastructure and payout partners, according to a company announcement cited by PYMNTS. The firm is also expanding its stablecoin and custody services alongside its payment solutions. 4
BNY took another step toward “always-on” settlement by tokenizing deposits, generating an on-chain mirror of client balances on its Digital Assets platform. Ripple Prime is reportedly one of the first to adopt this service, according to BNY. 5
XRP traders are focused less on UK regulatory paperwork and more on market action. This week features big-bank earnings and key U.S. data releases that could shake up equity volatility—and potentially ripple into crypto—according to Investopedia’s calendar. 6
The key macro data this week is the U.S. Consumer Price Index (CPI) for December 2025, set for release Tuesday at 8:30 a.m. ET, per the Labor Department’s schedule. The CPI measures consumer price changes and heavily influences expectations around interest rates. 7
Next up: rates. The Federal Reserve meets on Jan. 27–28, where traders will scrutinize any hints on the pace of rate cuts this year. 8
But the setup works both ways. If inflation surprises on the upside, Treasury yields and the dollar could climb, usually dragging crypto prices down. Plus, Ripple’s regulatory victories might not boost payment volumes anytime soon.
XRP’s next major hurdle comes with Tuesday’s CPI report. The rate outlook ahead of the Fed’s Jan. 27–28 meeting will probably shape market sentiment for the rest of the month.
