Tuesday, October 20, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

US CPI Comes in Hotter Than Expected: How Could This Impact XRP?

US CPI Comes in Hotter Than Expected: How Could This Impact XRP?

Photo: The Crypto Basic

XRP came under selling pressure after the U.S. Bureau of Labor Statistics released September CPI data that exceeded expectations across all major measures. The Consumer Price Index (CPI) report raised concerns about persistent inflation and triggered a reaction across financial markets , including cryptocurrencies, as Bitcoin (BTC) and the rest of the market lost billions within minutes. For context, consumer prices increased by 0.6% month-over-month, lifting annual inflation to 3.7% from 3.4% in August. The figure also exceeded economists’ consensus forecast of 3.6%, reversing the modest disinflation trend from the early months of 2026.

Source: The Crypto Basic

Latest in Crypto Today

All Crypto Today stories