Friday's selloff pushed XRP deeper into the red, completing a 22% retrace over the past 30 days and sending the token below $1.10 for the first time since November 2024. For many, this move immediately raises the most important question in the current climate: could the altcoin reach the $1 mark again soon, or is a fall below this level now on the cards?
As markets fixate on every word from new Federal Reserve Chair Kevin Warsh—especially on when rate cuts might arrive—another, more consequential debate is emerging beneath the surface: what the Fed will choose to call ‘inflation' in the first place. The issue matters because inflation is not just an economic outcome; it is also a measurement framework that shapes policy, liquidity conditions, and ultimately household purchasing power.
Bitcoin's recent drop below $60,000 has brought back bearish comparisons into the play. Crypto analysts are now comparing the current market downturn with the 2022 bear market cycle. Back then, Bitcoin fell 22% below its previous all-time high before hitting bottom.