币界网报道：XRP has stabilized around $0.52 after recent market volatility, as traders assess the latest macroeconomic developments. The cryptocurrency's price movement comes amid shifting expectations for U.S. Federal Reserve policy, with CME Group's FedWatch Tool now showing a 51% probability of at least one rate cut by July 2024. This marks a significant increase from earlier forecasts, as recent economic data suggests potential softening in the labor market and inflation. Meanwhile, XRP trading volume remains elevated at approximately $1.5 billion daily, indicating sustained investor interest despite the relatively flat price action. Analysts note that XRP's performance continues to be influenced by both broader crypto market trends and ongoing developments in Ripple's legal battle with the SEC, which could see key rulings in coming months. The stable price action contrasts with more volatile moves seen in other major cryptocurrencies this week.