XRP price slips to $1.77 as Fed chair pick and crypto rules fight rattle traders

New York, Jan 30, 2026, 10:18 (EST) — Regular session

  • XRP dropped roughly 3% to near $1.77, as selling in derivatives ramped up the decline.
  • Traders cited tighter liquidity concerns following President Donald Trump’s selection of Kevin Warsh as Fed chair.
  • Washington’s stalled crypto market-structure bill is back in the spotlight as a White House meeting approaches on Feb. 2.

XRP dropped roughly 3% on Friday, slipping to about $1.77 after hitting a low of $1.72. The decline came amid broad selling across major cryptocurrencies, which pushed leveraged positions to unwind. Coinglass

This shift is significant as crypto has reverted to behaving like a pure liquidity play. Even the slightest suggestion that…

Source link