NEW YORK, Jan 10, 2026, 12:45 EST — Market closed
- XRP has slipped roughly 1.4% in the last 24 hours, trading near $2.09
- Traders digest new U.S. policy cues from Ripple alongside changing rate forecasts following Friday’s jobs data
- Next catalyst: U.S. CPI data arriving Tuesday, Jan. 13
XRP dropped roughly 1.4% in the last 24 hours, slipping to $2.09 on Saturday. Early-year gains gave way as traders pulled back ahead of U.S. inflation figures. According to CoinMarketCap, 24-hour trading volume hovered around $1.63 billion, with XRP stuck in a tight range between $2.08 and $2.11. (CoinMarketCap)
This shift is significant as XRP has once again turned into a crowded macro trade — a token that often moves with interest-rate speculation and regulatory or ETF news. It’s also drawing notice as an increasing number of traditional market products seek to offer exposure to it.
On Friday, Ripple urged U.S. regulators to limit the scope of securities laws for crypto tokens, according to a written submission shared by the SEC’s crypto task force. The company contended that secondary-market trading shouldn’t automatically trigger securities regulation, the SEC’s post revealed.
Macro factors are driving the rest. U.S. payrolls in December increased by 50,000, with wage growth holding steady, according to data released Friday. The numbers have investors eyeing the Federal Reserve’s path—whether it will keep policy restrictive for longer. “All roads lead to the unemployment rate,” said Olu Sonola, head of U.S. economic research at Fitch Ratings, in the Reuters report.
The Fed’s upcoming policy meeting is set for Jan. 27-28. Traders warn that even a suggestion officials expect inflation to pick up again might push yields higher and weigh on crypto prices. (Federal Reserve)
Since their debut in November, U.S.-listed spot XRP exchange-traded funds, or ETFs, have seen robust inflows, DL News reported. These ETFs, designed to track the token, have attracted significant investor interest. Still, some analysts remain doubtful about their long-term viability. Brian Huang, co-founder of investment platform Glider, told DL News that “no one in the crypto industry takes XRP seriously,” citing what he called weak developer engagement. (DL News)
Charts show traders fixated on the $2.00 mark as a key psychological level, while resistance piles up just above. According to an Investing analysis published this week, resistance zones lie between about $2.22 and $2.34, with support holding from near $2.10 down to $2.00.
Bitcoin hovered near $90,000 following Friday’s jobs report, with XRP trading close to $2.08 during that period, Barron’s noted. The report also highlighted how swiftly rate-cut probabilities can shift after macroeconomic data, a factor contributing to volatile crypto price action even amid periods of relative stability. (Barron’s)
But the upcoming inflation report might turn the mood sharply. Morningstar noted economists predict the CPI will climb 0.3% in December, up from 0.2% in November. That rate could fuel ongoing debate over when the Fed might start easing. (Morningstar)
Traders are eyeing Tuesday’s U.S. CPI report for December, set to drop at 8:30 a.m. Eastern, according to the Labor Department’s schedule. (Bureau of Labor Statistics)
