XRP falls 10% to $1.27, tests $1.20 support ahead of Fed decision
- —XRP fell 10% in 24 hours and 11.2% over the week, with a low below $1.23
- —The market prices in a 0.25 percentage point Fed rate hike with 93% probability
- —$450.33 million was withdrawn from US bitcoin ETFs on September 15, with FBTC seeing $214.75 million
- —Total assets of US XRP ETFs stand at $1.41 billion, with no net inflow on September 15
Why it matters: The Fed decision and holding the $1.20 support will determine whether XRP continues falling to $1.10 or begins a recovery.
Source: Blockmedia