XRP Climbs 1.2% as Dollar Softens and Rate-Cut Hopes Lift Crypto Demand
XRP gained 1.22% to $1.46 as dollar softness and renewed Fed easing bets drove fresh demand across crypto, with volume topping $2.1 billion on the session.
Press ESC to close
XRP gained 1.22% to $1.46 as dollar softness and renewed Fed easing bets drove fresh demand across crypto, with volume topping $2.1 billion on the session.
Bitcoin has rebounded above $80,000, but market data from Glassnode and commentary from Enflux show traders are hedging rather than fully committing to
April payrolls are forecast to rise just 62,000. Analysts warn that sticky wage growth, not weak hiring alone, will determine whether Bitcoin can rally.
Bitcoin retreated below $80,000 on Thursday, pressured by a firmer dollar and fading confidence in near-term Fed rate cuts as liquidity conditions tighten.
DOGE slips slightly to $0.1115 but holds within a tight intraday range as easing liquidity conditions and Fed rate-cut bets underpin risk assets.
Gold edged up 1.22% to $4,739 Thursday, staying near record territory as institutional buying and a cautious macro backdrop kept demand firm.
Bitcoin edges higher near $81,521, with softening dollar conditions and rising rate-cut expectations providing a tailwind for risk assets including crypto.
Bitcoin rebounds to $81,695 with a 1.14% daily gain as dollar weakness and growing rate-cut expectations drive fresh demand into crypto.
Bitcoin holds near $81,306 with a $1.63T market cap as Fed policy expectations and a retreating dollar index shape BTC/USD price action Wednesday.
Strategy, Coinbase, MARA and other bitcoin treasury firms report Q1 earnings as April payroll data and Fed speeches set the macro tone for crypto.