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XRP And Cardano Under Pressure Following Powell's Uncertainty Ahead Of December Rate Cuts

11-01-2025 09:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: BTCPressWire

/ PR Agency: BTCPressWire
XRP And Cardano Under Pressure Following Powell's Uncertainty

XRP and Cardano both softened after Jerome Powell signaled that further rate cuts are not guaranteed in December, even after the October reduction. That stance keeps tokens on edge and narrows near-term upside unless data improves.

Traders now watch liquidity, key price levels, and headlines for direction. In this setting, Remittix (RTX) https://remittix.io appears in more conversations as a payments-focused token that could move on product progress rather than market sentiment.

XRP Hold Or Fold Near Key Levels

XRP currently holds a market cap of $150 billion, with a 24-hour trading volume of $5.2 billion. The price has hovered around $2.50 this week, which follows October strength after legal clarity headlines helped sentiment earlier in the month.

Analysts are eyeing support near $2.40 and resistance near $2.90 based on recent daily ranges. An upside break needs stronger volume and a market sentiment. Powell's uncertainty message limits risk appetite for now, though an ETF narrative keeps interest alive among some analysts.

Cardano Tracks Market Reactions And Upgrade Flow

Cardano's market cap sits near $21.7 billion, with a 24-hour turnover of $992 million. Price has been stable around the $0.60 area but reacts quickly to broad market moves. Liquidity has thinned during pullbacks, which makes levels more sensitive to headlines.

Market sentiment still dominates this week, so the bias is neutral while the Fed path remains unclear.

Remittix Stands Out With Product And Verification

Rate uncertainty can cap upside for XRP and Cardano, but Remittix aims to sidestep some of that by solving payment problems. It targets crypto-to-fiat settlement for users and businesses and positions itself as a Remittix DeFi project built for utility.

For investors seeking an early-stage crypto investment that can gain from real usage, Remittix offers a cleaner narrative tied to adoption and not just the crypto market mood.

The team is fully verified by CertiK and ranked #1 for Pre-Launch Tokens on Skynet, with a live Grade A score reported at 80.09 and over 24,000 community ratings. The wallet beta is live and now expanding to more testers on iOS, with weekly Top 10 purchasers getting invites. Remittix https://remittix.io has sold over 681 million tokens, is priced at $0.1166, and has raised over $27.7 million.

Two centralized exchange listings are secured at BitMart and LBank, with a third in progress. A 50% token bonus using code RTX50 is live as the raise nears $30 million, with a major listing reveal promised at that milestone. These steps, plus a 15% USDT referral program and a $250,000 giveaway, can give the token a new boost even if macro stays choppy.

Below are features that make Remittix the best crypto to buy:

● Send crypto to real bank accounts in seconds
● Supports many cryptocurrencies and multiple fiat currencies at launch
● Real-time FX conversion with transparent rates
● Audited by CertiK with team verification and ongoing monitoring
● Designed for both crypto natives and new users

What To Watch Into December Cuts

Powell's message keeps markets cautious. If data weakens and the Fed cuts again, XRP and Cardano can rebound, but levels must clear with volume. Remittix, on the other hand, grows when its rails, wallet, and listings expand. In short, Remittix can benefit from adoption steps while others wait on the Fed.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.

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