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XRP Price: Fed Hikes, Senate Fails, and XRP Falls — What Happened This Week

CoinCentral·September 18, 2026·1 min read
XRP Price: Fed Hikes, Senate Fails, and XRP Falls — What Happened This Week

XRP dropped 7.3% on Tuesday, falling below the $1.30 level. Dubai-based investor Royal Kane rejected XRP due to its $81.68B market cap. The Federal Reserve raised interest rates by 25 basis points on Sep. 16, and the CLARITY Act failed a Senate cloture vote 50-49 on Sep. 15. XRP futures open interest dropped from $1.128B.

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