XRP Price Stabilizes Amidst Tariff Uncertainty and AI-Driven Volatility

The cryptocurrency market remains volatile as XRP hovers around $1.36 amidst concerns over US tariffs and an AI-driven scenario that could lead to a slump in employment rates. Investors are cautious ahead of the Trump State of the Union address and Nvidia's earnings report, which may impact risk sentiment.

Markets have been affected by renewed questions about US tariffs, with a 10% global import tariff enforced on Tuesday and plans to increase it to 15%. This uncertainty has contributed to a broader risk mood, with XRP mirroring the overall market sentiment. The token has seen a decline in recent days, with a 2.9% drop on Monday following Sunday's 2.6% slide.

Another factor influencing the market is an AI-driven scenario projected by Citrini Research, which suggests that employment rates could reach 10.2% by 2028. However, experts have cautioned against taking this prediction too seriously. The market's undercurrents are also contributing to the volatility, with U.S. spot bitcoin ETFs experiencing steady outflows and leverage cuts fueling liquidations.

Investors are awaiting two key events: Trump's State of the Union address on Tuesday evening and Nvidia's earnings report on Wednesday. These announcements may provide clarity on tariffs and risk sentiment, which could impact XRP's price. The AI scenario is also being closely watched, with some investors potentially shedding volatile holdings if it intensifies.