Crypto Markets Volatile as XRP Faces Legal Hurdles and Bitcoin Hits New Highs

26.05.2025 48 times read 0 Comments

According to GlobeNewswire, XRP has experienced significant price fluctuations as the legal standoff between Ripple and the U.S. Securities and Exchange Commission (SEC) continues. On May 15, Judge Analisa Torres denied the SEC’s request to lift the ban on selling XRP to institutional investors and to reduce a $125 million fine. Following this decision, XRP’s price dropped from a high of $2.6507 to $2.2659 by May 25. The ongoing uncertainty has led to increased market volatility, with investors now focusing on a closed-door SEC meeting scheduled for May 29, which could determine the next steps in settlement negotiations.

If no settlement is reached, the court may pressure the SEC to resume its appeal or grant an extension if both parties show good faith. The U.S. Court of Appeals could also dismiss the SEC’s appeal on procedural grounds, though this is considered unlikely. Meanwhile, Ripple may proceed with its cross-appeal, adding further complexity to the case. XRP closed at $2.3426 after a 0.57% gain, underperforming the broader crypto market, which rose 0.95% to a total market cap of $3.37 trillion. Technical support for XRP is at $2.26, and a break above $2.6553 could signal a move toward $3.00 or even the record high of $3.5505.

Date XRP Price High XRP Price Low Current Price (May 25)
Before Court Ruling $2.6507 - -
After Court Ruling - $2.2659 $2.3426
  • SEC’s request to modify the ruling and reduce the $125 million fine was denied.
  • Investors await the outcome of the SEC’s closed-door meeting on May 29.
  • XRP’s near-term outlook is highly dependent on legal developments and ETF updates.

Infobox: XRP’s price has dropped by nearly 15% since the court’s decision, with legal uncertainty driving volatility. The next major catalyst could be the SEC’s closed-door meeting or further court rulings. (Source: GlobeNewswire)

Bitcoin Surges Amid Tariff Relief and Legislative Momentum

GlobeNewswire also reports that Bitcoin (BTC) saw a sharp increase after President Trump announced a delay to the 50% tariff on EU goods, moving the deadline to July 9, 2025. BTC surged 1.65% within an hour, rising from $107,419 to $109,315 before stabilizing. The price closed at $109,096 after a 1.15% gain on May 25, extending a 0.46% gain from the previous day. The broader crypto market cap reached $3.37 trillion.

Legislative developments are also influencing Bitcoin’s outlook. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing that the U.S. government purchase one million BTC over five years with a mandatory 20-year holding period. Texas, Arizona, and New Hampshire have already approved or proposed strategic Bitcoin reserve bills. The near-term outlook for BTC depends on legislative progress, trade headlines, macroeconomic indicators, and ETF inflows.

Date BTC Price Event
May 25 $107,419 → $109,315 Tariff delay announcement
May 25 (close) $109,096 Daily close
  • Bearish scenario: Renewed trade tensions or ETF outflows could push BTC below $100,000.
  • Bullish scenario: Positive economic data and ETF inflows could drive BTC above $112,912, targeting $115,000.

Infobox: Bitcoin’s price is highly sensitive to geopolitical and legislative developments, with the potential for significant moves based on upcoming events. (Source: GlobeNewswire)

Record Inflows for Digital Assets as Bitcoin, Ethereum, and Cardano Rally

According to FXStreet, digital asset inflows reached $3.3 billion last week, bringing the year-to-date total to $10.8 billion. Spot Bitcoin ETFs recorded $2.75 billion in net inflows, the third-highest weekly inflow since their launch in January 2024. Bitcoin reached an intraday high of $110,228 and was trading at approximately $109,654 at the time of reporting. The total crypto market capitalization increased by 0.3% to $3.58 trillion over 24 hours.

Ethereum-related assets saw $326 million in inflows, the highest in 15 weeks, while Cardano and Solana also showed bullish momentum. The United States accounted for $3.2 billion of the inflows, with Germany, Australia, and Hong Kong contributing $41.5 million, $10.9 million, and $33.3 million, respectively. However, Ripple (XRP) experienced $37.2 million in outflows, breaking an 80-week inflow streak.

Asset Weekly Inflows YTD Total
Digital Assets (Total) $3.3 billion $10.8 billion
Bitcoin $2.9 billion -
Ethereum $326 million -
Ripple (XRP) -$37.2 million (outflow) -
  • Spot Bitcoin ETFs saw $2.75 billion in net inflows last week.
  • Ethereum ETFs recorded $248 million in net inflows from all nine products.
  • Bitcoin dominance remains at around 64%.

Infobox: Institutional and retail interest in digital assets is rising, with Bitcoin and Ethereum leading inflows, while XRP faces outflows amid legal uncertainty. (Source: FXStreet)

Trump Media Plans $3 Billion Crypto Investment

CoinDesk reports that Trump Media and Technology Group (DJT), the operator of Truth Social, is planning to raise $3 billion to invest in crypto assets. The capital raise, which will combine an equity raise and a convertible bond offering, could be announced at the Bitcoin 2025 event in Las Vegas. This move would align Trump Media with other public companies that have recently added cryptocurrencies, predominantly Bitcoin, to their balance sheets.

Earlier this year, Trump Media announced plans to launch a financial services platform focused on crypto and exchange-traded funds (ETFs), and to partner with Crypto.com for ETF products. The company’s entry into the crypto market is seen as a significant step, potentially increasing institutional adoption and market activity.

  • Trump Media aims to raise $3 billion for crypto purchases.
  • Plans include launching a crypto-focused financial services platform and partnering with Crypto.com.

Infobox: Trump Media’s $3 billion capital raise could further boost institutional interest in crypto assets, especially Bitcoin. (Source: CoinDesk)

Strategy (MicroStrategy) Continues Aggressive Bitcoin Accumulation

According to Bitcoinist.com, Strategy (formerly MicroStrategy) is set to continue its aggressive Bitcoin buying spree. Founder Michael Saylor posted a snapshot of the Strategy Portfolio Tracker, a move that has preceded each of the company’s recent purchases. Strategy currently holds 576,230 BTC, valued at approximately $62 billion. Last week, the company added 7,390 BTC for $764 million, marking the seventh consecutive weekly purchase.

These large institutional buys have provided short-term boosts to Bitcoin’s price, which recently hit an all-time high before retreating to around $106,000. High-risk traders, such as James Wynn, have shifted positions, with Wynn closing a $1.2 billion long and opening a new short, reflecting the ongoing volatility and uncertainty in the market. Saylor’s statement, “I only buy bitcoin with money I can’t afford to lose,” underscores the risks involved in such large-scale investments.

Company Total BTC Held Value (approx.) Recent Purchase
Strategy 576,230 BTC $62 billion 7,390 BTC for $764 million (May 16)
  • Strategy has made seven consecutive weekly Bitcoin purchases.
  • Institutional demand is strong, but market volatility remains high.
“I only buy bitcoin with money I can’t afford to lose.” — Michael Saylor

Infobox: Strategy’s continued accumulation of Bitcoin highlights strong institutional interest, but also the inherent risks and volatility of the crypto market. (Source: Bitcoinist.com)

Bitcoin, Ethereum, Solana, and Dogecoin Reach New Highs

As reported by The Economic Times, Bitcoin has touched a new record mark, with Ethereum, Solana, and Dogecoin also trading at high levels. The surge in prices reflects renewed investor confidence and increased trading activity across major cryptocurrencies. The report highlights the growing mainstream acceptance and the impact of macroeconomic factors on digital asset prices.

  • Bitcoin, Ethereum, Solana, and Dogecoin are all trading at or near record highs.
  • Market sentiment is buoyed by institutional inflows and positive economic developments.

Infobox: Major cryptocurrencies are experiencing strong upward momentum, driven by institutional interest and favorable market conditions. (Source: The Economic Times)

Sources:

Your opinion on this article

Please enter a valid email address.
Please enter a comment.
No comments available
Counter