XRP Stuck in the Past: Why It’s Not Making Holders Rich Like BTC and ETH

Bitfinex has outlined 17 macroeconomic indicators that could drive Bitcoin’s price action in October, with inflation data and the Federal Reserve’s policy decision highlighted as the top catalysts.

The report warns that rising Treasury yields are siphoning investor capital, meaning Bitcoin will need robust buying demand to offset this headwind and sustain any October rally.

The XRP price slipped 2.73% to US$1.48, breaking below its 7‑day SMA as aggressive sell‑side order flow crowds the long side, putting the US$1.45 support under intense pressure.

If the US$1.45 support fails, analysts warn the floor could slide to US$1.34; a hold might spark a bullish rebound, according to the latest technical analysis and price prediction in the crypto market.

Glassnode’s indicator has flipped, showing a shift in relative performance: Bitcoin is being compared against a market-cap-weighted basket of 250 altcoins (excluding stablecoins). The takeaway is direct—momentum that once clustered around BTC is now spreading across the broader market.

For investors, this is the kind of confirmation that fuels an “Altcoin Season” narrative. Because the metric tracks performance relative to BTC rather than isolated price moves, the change implies potential capital rotation into altcoins, increasing the odds that the current rally can broaden beyond Bitcoin and sustain broader crypto gains.

Gold is still drawing massive inflows, totaling US$500B even as yields rise, supported by a “structural” demand base. That backdrop raises a timing question for crypto: whether Bitcoin can keep its lead when capital may prefer gold ahead of the FOMC.

For the market, this matters because strong gold demand can redirect liquidity away from Bitcoin. With yields and the FOMC as the next catalyst, investors will be watching whether the narrative of Bitcoin outperforming holds—or if the competition from gold tightens in the near term.

Standard Chartered expects the SKY token to climb from a reference price of US$0.065 to US$0.325 by end-2028, framing the move as a potential fivefold (5x) upside for token holders.

The bank ties its fivefold projection to a “Federal Bank” model that links value growth to expanding USDS supply, agent borrowing, staking rewards, and token buybacks. In short, the thesis is that as the Sky ecosystem expands, SKY holders could capture substantially more value—potentially positioning SKY to outperform Bitcoin over the same timeframe.