Why is XRP down today?
Rate-hike odds for next week's Fed meeting jumped to 70%.
Overview
XRP (CRYPTO: XRP) fell roughly 4.3% in the last 24 hours as of 2:11 p.m. ET on Sept. 10, 2026, as inflation fears and high bond yields dragged on riskier assets.
The S&P 500 and the Nasdaq Composite were both down 0.6%.
Details
XRP was swept up in a broader sell-off after the Sept. 10, 2026, producer price index (PPI) report showed wholesale prices rose 5.4% year over year. At the same time, oil prices have hit their highest levels in months as the Iran war sees renewed conflict. Brent crude, an international benchmark, reached $107 per barrel.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.