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CryptoMediumUpdated×2•Originally published 15 October 2026•Updated 15 October 2026•
1 min read

XRP Drops Below $1.30 as Crypto Market Faces $889M in Liquidations

Key Facts

1XRP price fell more than 4% to drop below the $1.30 level during the London session.
2Higher-than-expected US inflation data for September triggered $889 million in crypto market liquidations.
3The probability of an October Fed rate hike rose to 50% after annual inflation accelerated to 3.7%.

XRP price fell more than 4% to drop below the $1.30 level during the London session. Invezz reported that higher-than-expected US inflation data for September triggered $889 million in liquidations across the broader crypto market.

The probability of a Federal Reserve rate hike in October rose to 50% after annual inflation accelerated to 3.7%. The sell-off in XRP followed a breach of technical support levels as macro-economic headwinds and hawkish Fed expectations weighed on digital asset sentiment.

Latest Updates · 2

  1. Notable·

    Update: Market data showed resilience in institutional demand as XRP ETFs recorded $740,000 in inflows on October 14, 2026. This extension of positive flows marks a 13-week growth streak, even as the underlying asset's price saw a 5.11% decline.

  2. Notable·

    Update: XRP ETFs recorded 13 consecutive weeks of inflows as of October 15, 2026. This sustained institutional momentum occurred despite the total crypto market capitalization retreating to $2.71 trillion.