Ripple CEO Calls Out Central Bank's $11 Billion Gold Move as 'Too Slow' XRP Ledger Tests 3-Second Speed

TipRanks18:11

XRP Spot Buying Increases as Ripple Strikes New Sports Partnership

XRP (CRYPTO: XRP) is showing signs of a healthy price recovery as spot buying increases and leverage remains below its previous local peak.XRP Makes Higher High on Lower Open InterestCrypto analyst

Benzinga06:06

How does Wall Street view the August non-farm payrolls? Strong employment figures have not ended the suspense over a September rate hike; next week's CPI holds "decisive significance."

The U.S. non-farm payrolls report for August was surprisingly strong, prompting the market to reassess the likelihood of a Federal Reserve rate hike in September. However, Wall Street does not believe this resolves the policy uncertainty. According to analysts at multiple institutions, while the robust employment data has indeed strengthened the hand of the hawkish camp within the Fed, it is insufficient on its own to determine the outcome of the September monetary policy meeting. The CPI data scheduled for release next week remains the key factor likely to "set the direction." On Friday, the U.S. Bureau of Labor Statistics reported that non-farm payrolls increased by 162,000 in August, far exceeding the market expectation of 56,000. Additionally, job gains for the previous two months were revised upward by a combined 55,000, with July's figure being adjusted from a decrease of 23,000.

wallstreetcn03:45

Bitcoin, Ethereum, XRP, Dogecoin Plunge 2% as Jobs Report Spurs Rate Hike Bets

Bitcoin is back below $80,000 after a surprisingly strong jobs report reignited the prospects of the Federal Reserve raising rates at its upcoming meeting.CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)

Benzinga02:06

XRP Price Could Rise to $1.60 or Drop to $0.80 as Upcoming CLARITY Act Senate Vote and Fed Rate Decision Loom

TipRanksSep 4 23:21

Express News | Trump: Employment data far exceeds expectations; the Federal Reserve "should cut interest rates"

U.S. President Trump posted: The newly released employment data is excellent, surpassing all expectations (except mine!). The increase was two to three times higher than expected, and you haven’t seen the full picture yet! U.S. employers added 162,000 jobs in August. Cut interest rates, because America’s creditworthiness is much stronger than it was not long ago! A strong nation means lower interest rates due to its superior credit profile... it’s that simple! We should have the lowest interest rates in the world, just like in the “good old days.” If these countries were not allowed by the United States to enjoy huge trade surpluses—a situation we can halt immediately—they should no longer be regarded as financial “elite” nations! Cut interest rates, or I will cease trade with countries that maintain trade surpluses with the United States. The U.S. Supreme Court has clearly affirmed in that absurd and costly tariff ruling that the “President” has the absolute authority to do so. This is better than tariffs! The Federal Reserve Board, under the leadership of this outstanding new chair, must act wisely, think differently, and be patriotic. High interest rates place the United States at a severely unfair disadvantage, and I will never allow this to happen!

BreakingsSep 4 21:45