$XRP-USD

The SEC approved Nasdaq Texas Rule 5711(d) changes, listing Bitcoin, Ether, Solana, and XRP as examples of digital assets meeting commodity-based trust standards. The rule allows crypto ETFs to allocate 15% to other digital assets or securities, expanding product design flexibility. XRP's price fell 4% despite institutional demand, with Goldman Sachs holding $87.4 million in XRP ETFs. The SEC's decision may impact future crypto ETF structures.

XRP, the cryptocurrency associated with Ripple, rose nearly 6% to hover around $1.45 on Sep. 4, with spot trading volume hitting a six-month high of $4.77 billion, up 79% in a day. Major exchanges like Binance and Upbit saw significant XRP trading activity, though the price remains 49% below its year-ago level and 60% below its all-time high. The volume surge indicates improved liquidity but does not necessarily signal a lasting bullish trend.

Bitcoin fell 2.8% to $79,197 on strong US jobs data, reducing Fed rate cut expectations. Ethereum, Solana, and XRP also declined. The dollar's strength made risky assets less attractive, impacting crypto markets. Bitcoin had earlier risen above $81,000. Futures contracts also dropped, indicating traders closing leveraged bets. Latin American crypto markets remain focused on stablecoins, with Brazil and Argentina showing strong adoption. Felix Pago, a fintech firm, raised $200 million for crypto

The SEC approved a Nasdaq rule change classifying Bitcoin, Ethereum, Solana, and XRP as commodities, meeting the exchange's eligibility requirements for investment products.

CME FedWatch data shows a 70% probability of a September Fed rate hike, up from 37% a week earlier. A hike could pressure Bitcoin (BTC) and XRP due to higher Treasury yields and a stronger dollar. Kalshi traders see a 53% chance of a 25-basis-point hike, with Bitcoin having a 72% chance of trading above $80,000 in September. XRP's potential to reach $750 by 2027, as predicted by Jake Claver, may be challenged by higher rates.

Bitcoin (BTC) fell below $80,000, while Ethereum (ETH) and XRP also declined after strong US jobs data raised Fed rate hike odds. Zcash (ZEC) bucked the trend with a 13% gain. President Trump criticized the market reaction, urging rate cuts. The total crypto market cap remains at $2.75 trillion.

XRP's recent rally has stalled at $1.50 resistance, according to analyst ChartNerd, who warns of potential further declines. The cryptocurrency is currently trading around $1.35, down from its August 22 peak of $1.70. ChartNerd highlights historical data showing sharp reversals after similar rallies. Key support levels are identified at $1.30, $1.27, and $1.21, with resistance at $1.40 to $1.43 and $1.50 to $2. Despite bearish technical signals, institutional demand remains, with spot XRP ETFs s

Bitcoin fell below $80,000 after a strong jobs report increased Federal Reserve rate hike expectations. Ethereum, XRP, and other major cryptocurrencies also dropped by around 2%. Coinglass data showed $523.10 million in liquidations over 24 hours, while SoSoValue reported significant inflows into Bitcoin and Ethereum ETFs. Analysts noted key support levels and potential price movements.

Cryptocurrency market ended the first week of September with gains, driven by Fed policy expectations. Bitcoin rose above $81,000, Ethereum approached $2,500, and total market cap reached $2.81 trillion. Fed member Waller's comments eased dollar pressure, supporting risk assets. Bitcoin ETFs saw inflows, while Ethereum ETFs had outflows. Key upcoming data includes U.S. jobs and CPI reports.

The National Sheriffs' Association shifted to a neutral stance on the CLARITY Act, aiding its potential passage before the November midterm elections. Sen. Kevin Cramer sees a good chance of passage if it clears a Sept. 15 vote. Standard Chartered's 2030 price target for XRP is $28, contingent on regulatory clarity.