XRP corrects below $1.20 as Ripple’s investment broadens Africa's stablecoin payments

Ripple (XRP) remains weak on Wednesday as investors cautiously await the Federal Reserve’s (Fed) interest rate decision. Market participants have fully priced in the Federal Open Market Committee’s (FOMC) rate decision, with nearly unanimous expectations of no change. However, crypto traders are closely watching Fed Chair Kevin Warsh’s post-meeting press conference for forward guidance, as surging inflation, now at a three-year high, heightens sensitivity to any signals on future monetary policy.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292. Altcoins, including Ethereum (ETH) and Ripple (XRP), are generally mirroring Bitcoin’s slide, trading below $1,800 and $1.20, respectively.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo (ONDO) price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets (RWAs). The technical outlook leans mildly bearish as momentum fades and the overhead trendline continues to cap breakout attempts.