XRP prices retreated 4.3% amid a broader market sell-off triggered by higher-than-expected PPI inflation data and increased Federal Reserve rate hike probabilities.
XRP fell 4.3% as inflation fears and rising Fed rate hike odds drove investors away from riskier assets.
XRP dropped 4.3% on September 10, 2026, as investors retreated from risk-on assets following a 5.4% year-over-year rise in the producer price index. The sell-off coincides with a surge in Federal Reserve rate hike expectations to 70% and rising oil prices, which have reached $107 per barrel for Brent crude.
XRP declined due to a broader market sell-off sparked by a 5.4% increase in wholesale prices and rising expectations that the Federal Reserve will implement further interest rate hikes.