XRP News Summary - January 11, 2026

Author: Bob Mason

Published: January 11, 2026, 05:00 GMT+00:00

Key Highlights

• Strong US jobs data has reduced the likelihood of a March Fed rate cut to 28.7%, leading to XRP's fifth consecutive daily decline.
• Despite recent losses, XRP is up 13% year-to-date, buoyed by ETF inflows, legislative progress, and increased utility.
• XRP's support level remains above $2, maintaining its bullish structure with medium-term targets set between $3.0 and $3.66.

Market Overview

The recent US jobs report indicated a decrease in unemployment from 4.5% in November to 4.4% in December, alongside a rise in average hourly earnings from 3.6% to 3.8%. This data has dampened demand for cryptocurrencies, including XRP, as it suggests a more hawkish stance from the Federal Reserve.

Impact of the Market Structure Bill

Recent developments regarding the Market Structure Bill have also influenced XRP's price. The US Senate Agriculture Committee may delay its markup, which has raised concerns among investors. However, the US Senate Banking Committee remains optimistic about advancing crypto-friendly legislation, which could positively impact XRP's market position.

ETF Demand and XRP Performance

Despite the bearish sentiment, XRP-spot ETFs have seen significant inflows, totaling $38.07 million in the week ending January 9, 2026. This marks a continued demand for XRP, contrasting with the outflows seen in Bitcoin ETFs during the same period.

Price Outlook

The short-term outlook for XRP remains cautiously bullish, with a target of $2.5 in the near term. Medium-term projections suggest a price of $3.0, while longer-term targets are set at $3.66. Key technical levels to monitor include support at $2.0 and resistance at $2.5 and $3.0.

Risks to the Bullish Scenario

Several factors could derail the positive outlook for XRP, including:

• A hawkish shift in the Bank of Japan's interest rate policy.
• Negative US economic data affecting Fed rate cut expectations.
• Partisan challenges to the Market Structure Bill.
• Outflows from XRP-spot ETFs.

Conclusion

In summary, XRP's price trajectory is heavily influenced by US economic data, central bank policies, and legislative developments. The ongoing demand for XRP-spot ETFs and potential advancements in crypto legislation could support a bullish outlook, with targets set for $3.0 in the medium term and $3.66 in the longer term.