What Is XRP/USD Doing Today
XRP/USD is the price of one XRP in US dollars. XRP is the coin of the XRP Ledger, built for fast, cheap cross-border payments and closely tied to Ripple, the company that promotes it to banks and payment firms. It trades with Bitcoin on flows and liquidity, and on its own story: Ripple's legal and regulatory position and adoption by payment networks.
Every 3 hours we score the latest XRP and crypto headlines on the same 0 to 100 scale we use for the 8 major currencies, then compare XRP's score with the US dollar score from the same cycle. The gap between the two gives the XRP/USD read: XRP sentiment running ahead of the dollar leans the pair up, the dollar running ahead leans it down.
XRP/USD Profile
- Quote: US dollars per XRP
- Contract size: XRP is usually traded in lots of many coins on CFD accounts, so check the lot size of your own account; a $0.01 move on 1,000 coins is worth $10
- Pip convention on this site: 1 pip is $0.0001 per coin. Brokers vary, so check your own account specification
- Trading hours: around the clock, seven days a week, on exchanges worldwide. Session calls are published for the Asia, London and New York opens every day, weekends included
- Related markets: BTC/USD (the market leader), ETH/USD and SOL/USD (the wider market), US Tech 100 (risk appetite)
What Moves XRP/USD
XRP reacts to its own legal and adoption story, to Bitcoin, and to the macro backdrop of rates, the dollar and risk appetite. Here is what to watch on each side:
XRP (XRP) side
- Ripple's legal and regulatory position, above all with US regulators and courts
- Adoption by banks and payment networks, and stablecoin or custody launches tied to the ledger
- ETF and fund flows, and large-holder moves
- The direction of Bitcoin, which XRP usually follows
- Regulation and risk appetite across crypto
US Dollar (USD) side
- Fed (FOMC) rate decisions and the tone of the press conference
- US CPI and PCE inflation prints
- NFP non-farm payrolls (first Friday of the month)
- US Treasury yields, particularly the 2-year and 10-year
- Broad dollar strength: a rallying dollar is a headwind for anything priced in it
Common Questions About XRP/USD
Pepperstone offers XRP and other crypto CFDs alongside forex, with MT4/MT5/cTrader support. Product availability varies by region.
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