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:
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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.
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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.
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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
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