EasyA co-founder Dominic Kwok captured the market’s attention on X with a short but impactful post: “JUST IN: Powell suggests economic conditions may warrant rate cuts. Finally.” His message quickly reverberated through the XRP community, setting the stage for a surge in price and renewed optimism across the crypto market.
Speaking at Jackson Hole, Federal Reserve Chair Jerome Powell indicated that evolving economic conditions could justify rate cuts in the months ahead, particularly if labor-market softness continues.
This subtle but significant shift in tone marked a departure from the Fed’s earlier cautious stance. Markets immediately interpreted his remarks as dovish, sparking rallies in equities, bonds, and risk-on assets like cryptocurrencies.
JUST IN: Powell suggests economic conditions may warrant rate cuts.
Finally.
— Dom | EasyA (@dom_kwok) August 22, 2025
XRP Price Action: From Low to Breakout
The impact on XRP was swift. After dipping to an intraday low of $2.79, XRP rebounded sharply, climbing to around $3.03 at press time — an 8.6% gain from the day’s bottom. Data from CoinDesk showed an initial 3% spike in minutes following Powell’s comments, with momentum accelerating as short sellers were squeezed and buyers piled in.
This decisive move highlighted how closely crypto markets remain tied to macroeconomic signals.
Community Reaction and Sentiment Surge
The XRP community erupted in response. Traders on X posted bullish charts, liquidity gap analyses, and calls for further upside. Social sentiment trackers reflected a surge in activity as Powell’s dovish signal collided with pent-up optimism around XRP.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
Dominic Kwok’s post became a focal point for discussion, amplifying the excitement and reinforcing the idea that macroeconomic policy can serve as a powerful catalyst for digital assets.
What Comes Next for XRP
While today’s rally underscores XRP’s sensitivity to interest-rate expectations, the sustainability of these gains will depend on upcoming economic data and the Fed’s follow-through in policy meetings.
If the Fed moves toward easing, the improved liquidity environment could further support XRP’s long-term uptrend. For now, Powell’s words lit the spark, and Kwok’s amplification ensured that XRP holders seized the moment.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
