XRP and Bitcoin Price: The Fed Just Held Rates and Raised Inflation Forecasts—Here’s What It Means for BTC and XRP

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reading, Israeli strikes on Iran’s largest gas facility, and $158 million in liquidations within four hours.Futures markets pushed the first expected rate cut to December 2026 at the earliest, leaving Bitcoin stuck in a $65,000-$75,000 range and XRP range-bound between $1.30 and $1.50 unless the CLARITY Act or ETF inflows provide an independent catalyst.A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here.Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP) dropped after the Federal Reserve's March 18 rate decision. Bitcoin fell roughly 5% to around $70,500 while the XRP price slid from above $1.50 to $1.45. Over $158 million in leveraged longs were liquidated within four hours of the news, and the total crypto market cap fell below $2.5 trillion.The rate hold wasn't a surprise, as markets had a 99% chance of no cut priced in. The real surprise was everything else that happened in the same session. There was a hotter-than-expected inflation reading. Israel struck Iran's largest gas facility, pushing oil back above $97. Then Powell told reporters the Fed hasn't made as much progress on inflation as anticipated.Read: Data Shows One Habit Doubles American’s Savings And Boosts RetirementMost Americans drastically underestimate how much they need to retire and overestimate how prepared they are. But data shows that people with one habit have more than double the savings of those who don’t.With the Fed now projecting higher inflation and only one rate cut left for 2026, have Bitcoin and XRP lost one of the few macro catalysts that could have pulled them out of their current ranges?Below the Sky / Shutterstock.com · Below the Sky / Shutterstock.comThe Fed held rates at 3.50% to 3.75% for the second straight meeting, with an 11-to-1 vote. Governor Stephen Miran was the only dissent, pushing for a 25-basis-point cut. Governor Christopher Waller, who had voted for a cut at the January meeting, changed his vote to hold this time. With Waller pulling back, the pressure inside the Fed to start cutting again is fading.The dot plot is where each FOMC member projects their expected rate path for the year. The median stayed at one cut for 2026, same as December, but the individual projections shifted. Powell said four or five members moved from expecting two cuts to just one. Seven of the 19 members now expect zero cuts this year, up from six in December.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersLNG Cheniere Energy, Inc. 286.58 +20.36 (+7.65%)RIVN Rivian Automotive, Inc. 15.94 +0.41 (+2.67%)SER Serina Therapeutics, Inc. 2.3450 +1.0650 (+83.20%)BABA Alibaba Group Holding Limited 125.23 -9.20 (-6.84%)ACN Accenture plc 204.39 +9.24 (+4.73%)PortfolioSign in to access your portfolioSign inTop gainersVET Vermilion Energy Inc. 14.56 +1.95 (+15.42%)TSEM Tower Semiconductor Ltd. 162.08 +20.12 (+14.17%)DLO DLocal Limited 12.73 +1.28 (+11.14%)SIG Signet Jewelers Limited 87.53 +8.76 (+11.11%)FIVE Five Below, Inc. 234.92 +22.44 (+10.56%)Top losersHYMC Hycroft Mining Holding Corporation 31.45 -4.79 (-13.22%)CENX Century Aluminum Company 49.31 -6.03 (-10.88%)EXK Endeavour Silver Corp. 8.59 -0.89 (-9.35%)AUGO Aura Minerals Inc. 65.61 -6.73 (-9.30%)AA Alcoa Corporation 58.24 -5.99 (-9.33%)Most activeNVDA NVIDIA Corporation 178.88 -1.52 (-0.85%)VG Venture Global, Inc. 15.35 +0.49 (+3.33%)MU Micron Technology, Inc. 439.77 -21.96 (-4.76%)RIVN Rivian Automotive, Inc. 16.05 +0.52 (+3.32%)INTC Intel Corporation 45.58 +0.55 (+1.22%)Top economic eventsEarnings eventsMy earnings eventsEarnings events