The post Crypto Market Shaken by U.S. Data – Expert Flags Risk for XRP appeared on BitcoinEthereumNews.com. Altcoins Veteran chartist Peter Brandt has turned his attention to XRP, cautioning that its setup may be flashing serious warning signs. He told followers that, while his calls are always open to being proven wrong, the pattern he sees is “potentially very negative” for the token. His warning comes at a moment when the broader crypto market is already reeling. Bitcoin slid to $108,498 on Friday, shedding over 3.6% in a single session, while Ethereum retreated more than 5% to $4,285. The declines capped off a shaky week marked by macroeconomic headwinds and growing uncertainty around the U.S. Federal Reserve’s next policy move. Fresh economic data provided little relief. The Bureau of Economic Analysis confirmed that personal consumption expenditures rose 0.5% in July, with the key PCE price index showing a 2.6% annual increase. These figures matched forecasts but underscored that inflation remains sticky, making it difficult for the Fed to justify cutting rates soon. Meanwhile, consumer sentiment is deteriorating. The University of Michigan’s confidence index sank to 58.2, down 6% from July and more than 14% lower than a year ago. For markets, the combination is toxic: high borrowing costs and weakening consumer confidence keep liquidity tight and dampen risk-taking appetite. That helps explain the sharp retreat across Bitcoin, Ethereum, and altcoins to end the week. XRP, already under the microscope after months of consolidation, has attracted extra scrutiny. Brandt’s comments echo broader concerns that Ripple’s token may lag behind other majors if conditions worsen. Traders are watching closely to see if $3 acts as a reliable floor — a break below it could open the door to deeper losses. Still, not all analysts are bearish. Some argue that potential SEC approval of spot XRP ETFs later this year could act as a powerful counterweight to negative sentiment. Optimists… The post Crypto Market Shaken by U.S. Data – Expert Flags Risk for XRP appeared on BitcoinEthereumNews.com. Altcoins Veteran chartist Peter Brandt has turned his attention to XRP, cautioning that its setup may be flashing serious warning signs. He told followers that, while his calls are always open to being proven wrong, the pattern he sees is “potentially very negative” for the token. His warning comes at a moment when the broader crypto market is already reeling. Bitcoin slid to $108,498 on Friday, shedding over 3.6% in a single session, while Ethereum retreated more than 5% to $4,285. The declines capped off a shaky week marked by macroeconomic headwinds and growing uncertainty around the U.S. Federal Reserve’s next policy move. Fresh economic data provided little relief. The Bureau of Economic Analysis confirmed that personal consumption expenditures rose 0.5% in July, with the key PCE price index showing a 2.6% annual increase. These figures matched forecasts but underscored that inflation remains sticky, making it difficult for the Fed to justify cutting rates soon. Meanwhile, consumer sentiment is deteriorating. The University of Michigan’s confidence index sank to 58.2, down 6% from July and more than 14% lower than a year ago. For markets, the combination is toxic: high borrowing costs and weakening consumer confidence keep liquidity tight and dampen risk-taking appetite. That helps explain the sharp retreat across Bitcoin, Ethereum, and altcoins to end the week. XRP, already under the microscope after months of consolidation, has attracted extra scrutiny. Brandt’s comments echo broader concerns that Ripple’s token may lag behind other majors if conditions worsen. Traders are watching closely to see if $3 acts as a reliable floor — a break below it could open the door to deeper losses. Still, not all analysts are bearish. Some argue that potential SEC approval of spot XRP ETFs later this year could act as a powerful counterweight to negative sentiment. Optimists…