XRP Drops to $1.40 as Strong Jobs Data Raises Fed Rate Hike Odds to 51% - BIS Tests XRPL
The trigger was a stronger-than-expected US jobs report that pushed the probability of a Fed rate hike to 51% , per CoinGape, draining risk appetite across speculative assets even as the crypto Fear & Greed Index held at 73, or "Greed.
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