The Crypto Fear & Greed Index has dropped to 48 as traders await a Fed decision, with Bitcoin now below 106,000 USD. A 99.9% expectation exists for the Fed to maintain the current interest rates, influencing market behavior.
XRP sentiment reflects the overall market cooldown, with decreased exchange outflows and stagnation in price movement. Analysts suggest this could be a ‘calm before the storm’ for XRP.
The SEC has postponed its decision on Franklin Templeton’s spot XRP ETF, adding regulatory stress. This delay complicates market clarity as traders anticipate future movements for XRP.
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