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Source: Invezz News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed

XRP loses $1.40 after Senate setback: here's why $1.26 is the next big test

XRP has fallen close to 9% over the past 24 hours to trade near $1.30 on Sept. 16, leaving the token around 7% below the $1.40 level it held before the latest selloff. CoinGecko puts XRP at roughly $1.30, with the token down 8.9% over 24 hours and 9.4% over the past seven days. XRP briefly fell towards $1.27 during the latest decline before recovering part of the loss. Selling accelerated after the US Senate failed to advance the CLARITY Act on Sept. 15. The procedural vote ended 49-50, leaving the bill short of the 60 votes required to move forward, with four Republicans joining Democrats in opposition. XRP had traded near $1.

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Source: BeInCrypto News Agency
2 weeks ago
Cryptocurrency Medium Importance AI Analyzed
Raoul Pal Says Bitcoin Beats Gold as the Real Debasement Hedge

Raoul Pal Says Bitcoin Beats Gold as the Real Debasement Hedge

Real Vision co-founder Raoul Pal says Bitcoin (BTC), not gold, is the better long-term hedge against currency debasement, arguing the asset's earlier adoption stage gives it more room to grow than the metal.

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Source: BeInCrypto
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Source: Invezz News Agency
2 weeks ago
Cryptocurrency Medium Importance

Bitcoin just lost two major tailwinds: why $75K matters more than today's Fed hike

Bitcoin heads into Wednesday's Federal Reserve decision without two tailwinds bulls hoped would carry it back above $80,000. The cryptocurrency briefly fell below $75,000 after the US Senate failed to advance the CLARITY Act, while markets moved towards near-certainty that the Fed will raise rates by 25 basis points. Bitcoin later recovered and is now trading near $75,500. That rebound makes one level more important than the expected policy move. If buyers defend $75,000 after regulatory disappointment, 5% Treasury yields and tighter policy have already been absorbed; the reaction could reveal more about underlying demand than the Fed headline.

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