The release
Released by the Federal Open Market Committee on 17 June 2026 at 2:00 PM EDT. The Federal Open Market Committee held its target range for the federal funds rate at 3.50–3.75%.
How XRP moved
XRP was at $1.2200 when the figure came out. Fifteen minutes later it was 1.64% lower, and an hour later 0.82% lower. Its high-to-low range in the hour after was 2.46% of its price, against 0.82% in the hour before.
Measured by Clometrix
XRP's volume ratio was 5.37x, against a typical 5.48x. Its volatility ratio could not be measured: the price barely moved through the rest of the day, so there is no ordinary quarter hour to compare against. The ratio compares the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change.
What made it matter
Since 2021, Fed decisions that changed the rate have moved XRP more than those that held it: a median volatility ratio of 5.10x across 18, against 2.24x across 26. This one held it.
Its record
Across 44 Fed Interest Rate releases since 2021, XRP's median volatility ratio is 3.61x.
Minute by minute
Each row is the time after the release, with the same length of time before it for comparison.
| After | High | Low | Close | Change | Range | Range before | Volume |
|---|---|---|---|---|---|---|---|
| 1 minute | 1.22 | 1.20 | 1.20 | -1.67% | 1.64% | 0.00% | 2.174M XRP |
| 5 minutes | 1.22 | 1.20 | 1.20 | -1.67% | 1.64% | 0.00% | 3.223M XRP |
| 10 minutes | 1.22 | 1.19 | 1.21 | -0.83% | 2.46% | 0.82% | 4.405M XRP |
| 15 minutes | 1.22 | 1.19 | 1.20 | -1.67% | 2.46% | 0.82% | 4.813M XRP |
| 30 minutes | 1.22 | 1.19 | 1.20 | -1.67% | 2.46% | 0.82% | 5.855M XRP |
| 1 hour | 1.22 | 1.19 | 1.21 | -0.83% | 2.46% | 0.82% | 10.485M XRP |
| 2 hours | 1.22 | 1.18 | 1.18 | -3.39% | 3.28% | 1.63% | 23.437M XRP |
| 4 hours | 1.22 | 1.18 | 1.18 | -3.39% | 3.28% | 3.25% | 30.673M XRP |
| 6 hours | 1.22 | 1.17 | 1.19 | -2.52% | 4.10% | 3.25% | 37.736M XRP |
| 8 hours | 1.23 | 1.18 | 1.18 | -1.69% | 4.07% | 2.46% | 46.861M XRP |
| 12 hours | 1.22 | 1.16 | 1.17 | -4.27% | 4.92% | 3.25% | 58.052M XRP |
Every coin at this release
| Coin | Price swing | Usual for Fed Interest Rate | Reaction |
|---|---|---|---|
| Bitcoin | 7.11x | 4.24x | Strong |
| Ethereum | 6.29x | 4.08x | Strong |
| XRP | Not measured | 3.61x | - |
| BNB | 4.77x | 3.05x | Strong |
| Solana | 5.94x | 3.11x | Strong |
| Dogecoin | 5.23x | 3.69x | Strong |
| TRON | 3.51x | 2.50x | Strong |
| Cardano | 5.47x | 3.31x | Strong |
| Chainlink | 5.33x | 3.50x | Strong |
| Sui | 5.66x | 2.91x | Strong |
| Bitcoin Cash | 4.24x | 3.19x | Strong |
| Hedera | 3.54x | 2.99x | Ordinary |
| Avalanche | 5.86x | 3.47x | Strong |
| Litecoin | 5.04x | 3.37x | Strong |
| Gram | 3.04x | 2.75x | Ordinary |
| Shiba Inu | 3.03x | 3.45x | Ordinary |
| Uniswap | 1.56x | 3.05x | Muted |
| Polkadot | 3.00x | 3.16x | Ordinary |
| Aave | 5.01x | 3.41x | Strong |
| Bittensor | 3.28x | 2.94x | Ordinary |
| NEAR Protocol | 3.93x | 3.33x | Ordinary |
| Aptos | 4.98x | 2.93x | Strong |
| Internet Computer | 3.05x | 3.24x | Ordinary |
| POL (prev. MATIC) | 4.25x | 2.93x | Strong |
| Filecoin | 4.09x | 4.03x | Ordinary |
What is the Federal Reserve Interest Rate Decision?
The Federal Open Market Committee (FOMC) has eight regularly scheduled meetings each year, but they can meet more often if the need should arise. The meetings are not held in public and are therefore the subject of much speculation on Wall Street, as analysts attempt to predict whether the Fed will tighten or loosen the money supply with a resulting increase or decrease in interest rates.Disclaimer
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.