Crypto World

Slips 4% as selling pressure builds despite ETF inflows

Published

3 hours ago

9 April 2026

Slips 4% as selling pressure builds despite ETF inflows

XRP dropped back toward $1.33 after failing to hold recent gains, with selling pressure still outweighing buying even as inflows turned slightly positive. The move suggests rallies are being used to exit positions, not build new ones, keeping the broader structure weak.

News Background

Ripple-linked products saw $3.32M in ETF inflows, marking a shift from March outflows but not enough to stabilize price.
At the same time, exchange liquidity has thinned sharply, increasing the risk of sharper moves once key levels break.

Price Action Summary

XRP declined from $1.37 to $1.33, with the breakdown accelerating after rejection near $1.38.
High-volume selling confirmed the move, with price failing to hold above $1.35 and forming lower highs into the close.
Late-session volatility pushed XRP to $1.31 before a minor stabilization, but recovery attempts remained weak.

Technical Analysis

The key signal is rising volume alongside falling price, which points to distribution rather than accumulation.
Repeated rejection near $1.37-$1.38 reinforces that supply remains heavy at those levels.
XRP also underperformed the broader market, showing capital is rotating elsewhere rather than into the token.
With price still below major moving averages and within a descending structure, the broader trend remains intact.

What traders should watch

$1.33 is immediate support, but the real level is $1.28 — a break there likely accelerates downside.
On the upside, XRP needs to reclaim $1.35 and then $1.38 to shift short-term momentum.
Until that happens, the setup remains one of weak bounces within a broader downtrend.

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Crypto World

Fed Officials Still See Room for a Rate Cut Before the End of 2026

Published

6 minutes ago

9 April 2026

NewsAdmin

Federal Reserve, US Government, Inflation, Interest Rate

US Federal Reserve members were split on whether the war in the Middle East could spur further interest rate cuts before the end of 2026, according to minutes from the Federal Open Market Committee’s (FOMC) March meeting.

On Wednesday, the Fed released minutes from its last FOMC meeting on March 17 and 18. The meeting ended with an 11-1 vote to keep rates steady at 3.5% to 3.75%, with many officials cautious about the potential impacts of war and what it could mean for the economy.

Amid a risk of further conflicts, the official consensus pointed to a potential rate cut this year, but as Fed officials noted in the minutes, only if inflation does not get out of control.

“Many participants judged that, in time, it would likely become appropriate to lower the target range for the federal funds rate if inflation were to decline in line with their expectations,” according to the Fed minutes.

Rate cuts are generally seen as a positive catalyst for crypto as they free up investment liquidity and can spur demand for speculative investments. The last interest rate cut was Dec. 10, 2025, with the Fed slashing rates by 25 basis points.

While a cut may still be on the table for this year, the general feeling from the FOMC meeting was that it was “too early to know how developments in the Middle East would affect the U.S. economy.”

The FOMC’s next meeting is scheduled for April 28-29.

Cuts still possible, but so are hikes

While some officials were cautiously optimistic about a rate cut, others warned that the opposite might be necessary.

“Some participants judged that there was a strong case for a two-sided description of the Committee’s future interest rate decisions … reflecting the possibility that upward adjustments to the target range for the federal funds rate could be appropriate if inflation were to remain at above-target levels.”

Inflation was not the only concern, as many officials pointed to potential downside risks in the labor market, arguing that “in the current situation of low rates of net job creation, labor market conditions appeared vulnerable to adverse shocks.”

According to the CME Group’s FedWatch tool, there is currently a 75.6% chance that the Fed will keep rates at 3.5% to 3.75% during the Fed’s Dec. 8 meeting later this year.

Meanwhile, the chance of a rate cut is 20.4%, while the chance of a rate hike is 2.4% at the time of writing.

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