XRP Plummets 20% After Ripple's Lawsuit Closure Against SEC, What's Next?
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Ripple successfully concluded its long-standing SEC lawsuit, with the company paying only $50 million in penalties instead of the initially proposed $2 billion. Despite this legal win, XRP experienced a significant price drop from $2.60 to $2.05, representing a 20% decline in a classic 'sell-the-news' market reaction.
March 29, 2025 | 12:15 pm
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XRP price dropped 20% after Ripple's lawsuit settlement, with potential further downside risk if $2 support level breaks
Despite legal victory, market sentiment turned bearish. Price dropped from $2.60 to $2.05, losing market cap leadership to USDT. Technical indicators suggest potential further decline if $2 support breaks.
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