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<p><strong>XRP pulled back to around $1.40 as stronger US jobs data revived expectations for a longer Fed tightening path, even as reports pointed to the Bank for International Settlements testing the XRP Ledger. The move put the XRP price focus back on macro risk rather than the network development story.</strong></p><h2 id="xrp-price-slips-as-us-jobs-data-shifts-fed-bets">XRP price slips as US jobs data shifts Fed bets</h2><p>XRP traded near <a href="https://www.coingecko.com/en/coins/xrp" rel="noopener noreferrer nofollow">$1.40</a> in the immediate reaction window, tracking a broad risk-off shift after the jobs print pushed traders to price in a slower path of rate cuts. Higher-for-longer rate expectations typically weigh on speculative assets, and XRP was no exception. For related coverage, see <a href="https://www.coinlive.me/bitcoin-tests-largest-supply-wall-80000-near-etf-holders-average-price/" rel="noopener noreferrer nofollow">Bitcoin tests its largest supply wall at $80,000 near ETF holders' average price</a>.</p><h3 id="why-stronger-us-jobs-data-pressured-xrp">Why stronger US jobs data pressured XRP</h3><p>A firmer labor market reduces the case for near-term Fed easing, tightening liquidity assumptions across crypto. That macro backdrop, more than any token-specific news, drove the slide toward the $1.40 area. For related coverage, see <a href="https://www.coinlive.me/xrp-etfs-see-more-than-22-million-in-net-inflows-as-xrp-price-lags/" rel="noopener noreferrer nofollow">XRP ETFs See $22M+ in Net Inflows as XRP Price Lags</a>.</p><p>The reaction has echoes of earlier pressure that raised <a href="https://www.coinlive.me/xrp-price-crash-below-1-risk-after-breakdown/" rel="noopener noreferrer nofollow">breakdown risk below $1</a> for the token. It also lands as XRP keeps lagging, even while <a href="https://www.coinlive.me/why-is-xrp-price-up-today-june-15/" rel="noopener noreferrer nofollow">XRP ETFs draw net inflows</a>, setting up a split between the token's macro-driven price and its infrastructure narrative.</p><h2 id="what-bis-testing-xrpl-means-for-the-xrp-narrative">What BIS testing XRPL means for the XRP narrative</h2><p>Reports indicated the BIS has been testing the XRP Ledger, a development that supporters framed as validation of the network's technical utility. The market response stayed muted, with price action still dictated by rate expectations. For related coverage, see <a href="https://www.coinlive.me/bitcoin-price-analysis-btc-bearish-key-reclaim/" rel="noopener noreferrer nofollow">Bitcoin Price Analysis: BTC Bearish Below Key Reclaim</a>.</p><h3 id="what-the-test-appears-to-show">What the test appears to show</h3><p>At face value, a BIS-linked test signals institutional interest in evaluating XRPL as settlement infrastructure. It keeps the ledger in the conversation among established financial bodies exploring distributed systems.</p><h3 id="what-it-does-not-prove">What it does not prove</h3><p>A technical test is not a policy endorsement. It does not confirm adoption, integration, or any regulatory approval of XRP the asset, and traders treated it accordingly by keeping their focus on the macro tape.</p><h2 id="xrp-traders-watch-1-35-support-after-the-pullback">XRP traders watch $1.35 support after the pullback</h2><p>With XRP hovering near the $1.40 handle on <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer">spot markets</a>, the nearby $1.35 level becomes the immediate support zone to watch. A sustained break below it would signal that macro selling is overriding the network news, while holding above keeps the range intact.</p><h3 id="next-catalysts-to-watch">Next catalysts to watch</h3><p>Fed-rate expectations remain the dominant driver over the next 24 to 72 hours, so any data reinforcing the higher-for-longer view could extend the pullback. Positioning signals matter too, with XRP futures exposure on CME rising into the pullback. Any follow-through from the BIS test narrative could keep sentiment active, but the near-term path hinges on whether $1.35 holds.</p><p style="font-size:13px;color:#888;border-top:1px solid #333;padding-top:12px;margin-top:30px;">Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.</p><a href="https://www.coinlive.me/?p=95279" rel="noopener noreferrer nofollow">Read original article on coinlive.me</a>

XRP Price Pulls Back After BIS Tests XRPL

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