The day ahead in crypto: Aug. 12, 2026
XRP futures open interest peaked at $2.73B (October high) as token trades near $1 support; bridge exploit adds risk ahead of CPI data. Accumulated leverage signals liquidation cascade risk for crypto treasury managers in fragile market conditions.
XRP futures surged to October highs post-CPI release, reflecting hedging ahead of anticipated volatility. Year-end all-time-high odds remain weak (6.7%) despite activity surge, signaling skepticism on sustainable upside amid macroeconomic uncertainty.
XRP futures activity surged after the CPI report, signaling volatility ahead. XRP all-time high by December 31, 2026 at 6.7% YES.