XRP price could rebound toward $3.66 record high ahead US crypto policy report
- XRP holds steady at $3.00 amid a spike in broader cryptocurrency volatility, driven by expectations of steady interest rates.
- The White House is set to release a detailed report on crypto to shed light on guidelines for stablecoins and broader regulation clarity.
- The derivatives market highlights a decline in interest in XRP as the futures Open Interest and volume slump.
Ripple (XRP) upholds support above $2.95 on Wednesday amid growing concerns about the upcoming Federal Reserve (Fed) decision on interest rates. While market participants generally expect the central bank to leave interest rates steady in the range of 4.25% to 4.50%, Fed Chair Jerome Powell’s remarks would provide insight into the monetary policy…
