XRP News Today: Ether Cardano XRP Surge on Fed Rate Cut Optimism

Ether, Cardano, and XRP have experienced notable price gains as markets react to U.S. Treasury Secretary Scott Bessent’s recent comments on the likelihood of a 50 basis point Federal Reserve rate cut. Bessent, whose remarks were confirmed via the U.S. Treasury’s official page, emphasized a “substantial probability” of a rate cut this year. These comments have shifted macroeconomic expectations and sparked optimism around increased liquidity and reduced borrowing costs, which are generally favorable for cryptocurrencies as alternative investments [1].

The market’s reaction has been swift. Ether, the second-largest cryptocurrency by market capitalization, has risen nearly 200% from its April low of under $1,500 to around $4,300. Analysts attribute this to increased demand for Ethereum-based ETFs and growing institutional adoption [2]. Cardano (ADA), currently consolidating around $0.80–$0.81, is showing signs of a potential breakout. Analysts suggest a 10–15% rally could follow if a 25-basis-point rate cut materializes, with some forecasts pointing to a $1.24 price target by 2025 [3]. XRP, meanwhile, has surged over 12% following the dismissal of the remaining appeals in the SEC’s case against Ripple. The resolution has removed a major regulatory overhang and has led to increased institutional interest, including a custody partnership with BNY Mellon and the launch of Ripple’s stablecoin RLUSD [8].

Historically, rate cut speculations have led to significant rallies in the crypto space. Similar patterns have seen substantial price movements and shifts in investor sentiment across leading cryptocurrencies. Analysts from Kanalcoin note that lower interest rates can drive broader adoption of digital currencies, as investors seek higher returns in a low-yield environment [1]. The current market environment aligns with these historical trends, as inflation cools in major economies and the prospect of more accommodative monetary policy rises.

With these developments, capital is increasingly flowing into crypto assets. A recent $1.57 billion weekly inflow into the market, driven by Bitcoin, Ethereum, Solana, and XRP, highlights the growing acceptance of digital assets as part of diversified investment portfolios [9]. For XRP, the $3.27 resistance level has become a key focus, with a successful breakout potentially pushing the price toward $3.60 and beyond. Exchange inflows have risen by 84% compared to July, reaching 260 million XRP per day, suggesting strong accumulation but also raising concerns about near-term volatility [8].

The broader implications of Bessent’s comments remain to be seen, but the immediate impact on Ether, Cardano, and XRP underscores the sensitivity of crypto markets to macroeconomic signals and regulatory clarity. As investors await further developments, the performance of these cryptocurrencies is likely to serve as a barometer for broader market sentiment in the digital asset space [1].

Source:

[1] Cardano Price Outlook: ADA Struggles While XRP Traders ...

https://coincentral.com/cardano-price-outlook-ada-struggles-while-xrp-traders-flock-to-layer-brett-for-explosive-passive-income-in-2025/

[2] Ethereum: ETH Price To $10000?

https://www.forbes.com/sites/greatspeculations/2025/08/12/ethereum-eth-price-to-10000/

[3] Cardano's $1.24 Price Target: Could This 61% Surge Make ...

https://www.interactivecrypto.com/cardanos-124-price-target-could-this-61-surge-make-you-rich-by-2025

[8] Ripple Defeats SEC — XRP Surges, and These Tokens ...

https://www.mitrade.com/insights/news/live-news/article-3-1026611-20250810

[9] Bitcoin, Solana, XRP Join Ethereum in Massive $1.57B ...

https://crypto-economy.com/bitcoin-solana-xrp-join-ethereum-in-massive-1-57b-crypto-inflow-frenzy/