Ripple Price Prediction, Latest XRP News Today & Crypto Liquidations

XRP is trading near $1.2896, down roughly 8% on the day, as two separate events collide to unsettle digital-asset markets.

In this XRP News Today briefing, a stalled Senate vote and an approaching Federal Reserve decision are the two forces investors are weighing most closely. 

The result is a market caught between a legislative setback and a monetary-policy call, with implications for where an XRP price prediction for September 2026 might eventually settle once both dust up.

Why Is XRP Down Today?

The U.S. Senate failed to advance the CLARITY Act (H.R. 3633) on Wednesday, falling short of the 60 votes required to invoke cloture. The measure drew only 49 votes in favor.

The setback removed, for now, a piece of regulatory certainty that the digital-asset industry had lobbied for heavily.

It also landed hours ahead of the Federal Reserve's own policy announcement, an event many traders regard as the more consequential of the two.

XRP fell close to 10%, toward $1.30, in the wake of the Senate's 49-50 procedural defeat.

What Did Ripple CEO Say About the Vote?

Ripple Chief Executive Brad Garlinghouse addressed the outcome publicly soon after the vote closed. He said the result "stings," and that Ripple, alongside much of the industry, had pushed hard for passage.

Mr. Garlinghouse characterized the defeat as a missed opportunity extending well beyond his company, one that affects the broader industry and U.S. consumers.

He attributed the failure in part to political division in Washington, and said a review of what went wrong is warranted.

He nonetheless struck a measured, forward-looking tone. He noted that the Securities and Exchange Commission, under Chairman Atkins, and the Commodity Futures Trading Commission, under Chairman Selig, will continue shaping rules in the absence of congressional action.

He added that Ripple's underlying business remains solid, citing demand from both traditional finance and crypto-native clients.

Fed Rate Decision: What Traders Are Watching

The Federal Open Market Committee is scheduled to release its rate decision at 2:00 p.m. ET, followed by a press conference from Fed Chairman Kevin Warsh at 2:30 p.m. ET.

Futures markets, per the CME FedWatch tool, assign a 92.5% probability to a 25-basis-point increase, against a 7.5% probability that rates hold at current levels.

The inflation backdrop supports that positioning. The personal consumption expenditures index, the Fed's preferred gauge, rose 3.7% year-over-year in July, with the core measure at 3.3%.

The consumer price index climbed 3.4% annually in August, with core CPI at 2.4%, both still well above the central bank's 2% target.

XRP Whale Activity and Ripple News

On-chain data shows 85 new wallets holding more than 1 million XRP emerged just two days before the token's 67% rally between August 17 and August 21.

Wallets of that size can absorb supply and shift liquidity more rapidly than retail participants, which is why analysts often treat large shifts in this cohort as an early signal ahead of significant price moves.

Elsewhere in Ripple news, the company backed an RLUSD-denominated credit fund aimed at fintech and payments lending on the XRP Ledger. 

Separate investments tied to ZILO and Licuido added tokenization and transfer-agency capabilities to Ripple's XRPL infrastructure, part of a steady cadence of Ripple latest news this quarter.

Reviewing Ripple's latest news today alongside this wallet data offers a more complete picture than price action alone, since institutional and whale positioning has tended to precede headline-driven moves.

XRP Price Prediction: Key Levels To Watch

XRP is currently testing its 20-week exponential moving average, a technical marker that chartists consider significant. A close below that line could open a path toward the $1.00 level.

Having lost the $1.34 support zone, XRP slid quickly to $1.26, undercutting an earlier bullish setup that had targeted the $1.70 to $1.78 range.

Traders are mapping the following levels:

The 1-hour relative strength index has fallen near 21, a reading generally considered deeply oversold. That condition raises the likelihood of a short-term bounce, even if the broader trend remains under pressure.

XRP Derivatives and Liquidation Data Today

Derivatives data presents a mixed picture. Twenty-four-hour trading volume rose 40.75% to $7.85 billion, while open interest declined 7.90% to $2.87 billion, a combination that points to heightened activity alongside reduced leveraged exposure.

The long-short ratio stands at approximately 0.964, indicating a broadly balanced market, though positioning on Binance and OKX skews more toward longs.

Liquidations totaled roughly $33.59 million over the past 24 hours. Short positions accounted for about $5.63 million of that figure, while long positions made up the remaining $27.97 million.

Options open interest climbed 3.68% to $94.02 million, even as options volume fell 21.08%.

What's Next for XRP Price?

XRP price today sits at the intersection of two catalysts: a failed Clarity Act vote and an imminent Fed decision, both shaping near-term sentiment.

If the Fed holds rates steady, some of today's losses could unwind. But if XRP fails to defend the $1.24-to-$1.26 range, a move toward $1.10 and eventually $1.00 remains plausible.

For the moment, market participants appear more focused on defending support than positioning for a swift rebound. The hours surrounding the Fed's announcement are likely to determine where the Ripple XRP price prediction outlook leans next.

Disclaimer

This article is for informational purposes only and should not be considered financial or investment advice. Prices can rise or fall sharply within short periods. Always do your own research and consult a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results.