XRP Holds Around 1.36 Dollars Amid Broader Altcoin Consolidation
Token prices stabilized following the latest US CPI release as market participants await the Federal Reserve's upcoming monetary policy decision.
XRP traded around $1.36 as major altcoins settled into a consolidation range after the publication of US core CPI data. The token had dropped alongside other leading assets in the run-up to the inflation report before finding stability.
The pause was visible across other major tokens, with Solana trading near $102.5 and HYPE near $80. Although Ethereum briefly moved above $2,600 before easing back to around $2,560, institutional flows into Ethereum spot ETFs remained choppy, alternating between $34.7 million in net inflows and $29.9 million in net outflows across two days.
Broader market momentum remains constrained as Bitcoin continues to absorb selling pressure after the quick invalidation of its early September golden cross. The pause across altcoins comes roughly one week ahead of the Federal Reserve's rate decision on the 16th.
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