XRP Drops to $1.38 After Fed Chair Warsh Inflation Comments
XRP (XRP)
Editor:
Eugene Serbin
The Currency Analytics reports that XRP fell roughly 5% to $1.38 on Friday following remarks by Federal Reserve Chair Kevin Warsh at Jackson Hole. Warsh highlighted that 54% of PCE inflation components rose by more than 3% over the past year, signaling that price pressures remain broad and sticky. This data point led traders to anticipate a potential rate hike at the upcoming September meeting, which could increase the cost of capital for speculative assets.
Although XRP had previously traded as high as $1.47, the hawkish tone from the Fed chair triggered a rapid shift in market sentiment. The token remains up approximately 39% over the past month, indicating that Friday’s decline was a pullback rather than a collapse. Warsh did not confirm a hike but warned that the Fed is not finished addressing inflation.
This uncertainty has made the September meeting a focal point for crypto market participants. Risk assets across the sector, including Bitcoin and Ethereum, also felt pressure from the macroeconomic news. The broader crypto community is now closely monitoring inflation prints between now and the September decision. Traders are hedging their positions as the possibility of tighter monetary policy lingers over the market.
How the market reacted
Whalio's own Binance spot order flow for XRP, measured when this story was written up on 29 August 2026. Not the outlet's figures.
Whalio spot data for XRP shows a buy ratio of 50.8% over the last hour, compared to 54.4% over the four-hour window and 50.4% over the full day. This indicates that short-term buying pressure is slightly weaker than the broader four-hour trend but remains balanced relative to the daily average. Volume delta data reveals positive inflows of +$54,351 in the last hour and +$1,446,263 over four hours, suggesting active accumulation. The cumulative volume delta for the 24-hour close stands at +$1,109,485, confirming that buyers have been net aggressive throughout the session. Net buying occurred for 14 of the last 24 hours, with a total spot volume of $220,045,086 recorded. These metrics show that despite the price drop, there is consistent underlying demand supporting the asset.
The latest daily buy ratio of 50.6% sits at the 83rd percentile of the last 322 days, against a median of 48.5% - stronger buying than most days.
Twenty-four hours later
What XRP did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XRP, averaged over the days leading up to the story.
Over the preceding week, XRP experienced a 7-day average buy ratio of 49.0%, making today’s 24-hour ratio of 50.4% slightly above the weekly norm. However, trading volume was only 0.50x the weekly average, indicating significantly reduced participation compared to recent trends. The price declined 4.9% over the eight-day period, with a total volume delta of -$63,583,140 recorded. Only one of the last seven days saw net buying, highlighting a generally bearish trend leading into this event. Today’s activity represents a modest stabilization in buy ratios but continues within a context of lower volume and negative price momentum.