🔴 XRPI is trading 3.05% down today amid hotter-than-expected inflation and broad market weakness

XRPI is trading at $7.14, down 3.05%, amid hotter-than-forecast inflation and broad market weakness.

• September CPI came in hotter than forecast, with core inflation at 2.6% year over year versus 2.5% expected; rising yields and rate concerns are pressuring equities.
• The S&P 500 is down 0.85% and the Nasdaq is down 1.12%. XRPI is an XRP futures ETF, and no company-specific catalyst surfaced in the search, pointing to macro pressure rather than a confirmed XRPI-specific event.