Your browser does not support the audio element.
bitnasdaq-logo
  • ···
  • Buy Crypto
  • ···
  • Futures
  • ···
  • Trade
  • ···
  • Market
  • ···
  • Mining
  • ···
  • Financial
  • ···

Announcement

Help Center>News>Posts>

XRP Price Decline – Wednesday, May 28, 2025 Today, XRP is

CryptoPotato

Updated at: a day ago

{"content":" XRP Price Decline – Wednesday, May 28, 2025 Today, XRP is facing notable downward pressure, driven by a mix of legal setbacks and negative technical signals. Here's a breakdown of the key factors behind the drop: --- 1️⃣ Legal Blow in Ripple vs. SEC Case Judge Analisa Torres has rejected a critical motion from Ripple, further complicating the ongoing litigation with the U.S. SEC: Ripple’s request to lift the ban on XRP sales to institutional investors was denied. The judge also refused to reduce the $125 million penalty, calling Ripple’s motion “procedurally improper.” 📉 This ruling has shaken investor confidence, creating fresh uncertainty around Ripple’s legal outlook and contributing to the sell-off. --- 2️⃣ ETF Approval Delayed The SEC has postponed its decision on the proposed XRP-based ETF, raising concerns among traders and investors: The delay adds to the growing fear that approval may be significantly delayed or even denied. This has put additional pressure on sentiment, particularly among those hoping for a regulatory breakthrough. --- With both legal and regulatory headwinds in play, XRP’s price is reacting sharply, and short-term outlook remains cautious until more clarity emerges. $XRP {spot}(XRPUSDT)","images":[],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}

Related Articles

  • Physical security is just as important as digital security f
  • 🚨 Elon Musk Exits White House Role, FINALLY IT'S OVER Elon
  • 🚀 Binance Celebrates 20th Airdrop Project With SOPH Launch
  • $CATI /USDT LONG TRADE SIGNAL – BULLS TAKING CONTROL Entry
  • The market is all over the place. Some coins pumping, others
  • XRP Price Prediction (2025–2028) 📈 2025: $1.5–$2.8 📈 2026
  • $ETH V-shape recovery is happening now. ETH dumped from $4K
  • 🚨 Market Alert: Fed Minutes Incoming! 🚨 The countdown is
  • 🚨𝐄𝐋𝐎𝐍 𝐌𝐔𝐒𝐊 𝐋𝐄𝐀𝐕𝐈𝐍𝐆 𝐓𝐑𝐔𝐌𝐏 𝐀𝐃𝐌𝐈𝐍𝐈𝐒
  • AWS summit hosted by @awscloud ! Taking @genesis_insight as a hosting partner!