XRP price tumbles 11% as Warsh Fed pick shakes crypto; jobs report next
Karachi, January 31, 2026, 22:40 PKT — Session ongoing as scheduled.
- XRP plunged over 11% on Saturday, marking its sharpest single-day decline since Oct. 10.
- Worries over the Federal Reserve leadership shuffle and a general risk-off mood in markets fueled the wider crypto sell-off.
- Traders are eyeing next week’s U.S. jobs report, searching for signals on rate cuts and liquidity moves.
By 17:13 GMT, XRP had dropped to $1.5564, plunging 11.19% on the day—its steepest one-day decline since Oct. 10, 2025. Bitcoin was down 4.65%, and ether tumbled 11.40%. XRP’s market cap shrank to roughly $97.9 billion, per Investing.com data. (Investing)
Investors are reevaluating the backing risky assets might receive…
