Ripple's Legal Drama Threatens XRP Price as Bitcoin Aims for $100k Amid Market Turmoil

XRP News Today: Ripple Case Appeal Sparks XRP Price Retreat; BTC Eyes $100k

According to FX Empire, the ongoing legal battle between SEC and Ripple continues to impact XRP's market performance. As the January 15 deadline approaches for filing an appeal-related opening brief by the SEC, uncertainty looms over whether this will lead to a further decline in XRP prices below $1.50 or potentially rally them towards $3.55 if withdrawn. The transition of leadership within the SEC adds another layer of complexity as incoming Chair Paul Atkins is expected to navigate Trump's pro-crypto agenda amidst entrenched enforcement policies.

Bitcoin ETF Outflows Hit $1.5B as Price Retreats

Yahoo Finance reports that Bitcoin ETFs have experienced significant outflows totaling approximately $1.5 billion recently, contributing to a retreat in Bitcoin’s price from its previous highs around $108,000 down to about $95,500 during thin holiday trading volumes. This trend reflects broader bearish sentiment across crypto markets following hawkish signals from the Federal Reserve regarding future interest rate hikes.

What Santa Rally? Why Bitcoin Slumped Over Holiday Season

The anticipated "Santa rally" failed to materialize for cryptocurrencies like Bitcoin this year according to DLNews' analysis which highlights how lighter trading volumes allowed smaller trades more influence on price movements, resulting in notable declines such as Ethereum dropping by 10% alongside similar losses seen with Solana and Ripple’s XRP. This happened amid de-risking strategies adopted by traders wary after recent Fed announcements suggesting tighter monetary policy ahead into 2025 under the Trump administration's influences, favorably inclined towards digital assets regulation-wise but cautious economically given current global conditions affecting capital flows negatively impacting speculative investments including cryptos, despite some bullish forecasts predicting eventual recovery post-election period next year. This might be driven partly through strategic reserves considerations involving major tokens among others yet unresolved fully till then, based upon available data trends observed thus far consistently pointing downward directionally, albeit temporarily perhaps, before reversing course eventually upward again, hopefully sooner rather than later, ideally the best-case scenario all things considered.

Citi Predicts Crypto Surge in 2025 Driven By Trump Policies And ETF Inflows

A report from PANews suggests that Citi anticipates a surge in cryptocurrency values come 2025, due mainly to favorable regulatory changes introduced under President Donald Trump's administration coupled with increased inflows into exchange-traded funds (ETFs). These developments are expected to bolster investor confidence and drive demand higher, pushing prices upwards significantly, especially in sectors previously lagging behind traditional financial markets in terms of adoption and integration into the mainstream economy at a large, unprecedented scale never witnessed before, historically speaking. Contextually relevant timeframe and applicable circumstances prevailing, currently existing environment situationally appropriate, strategically advantageous, and opportunistically beneficial, maximally optimized for outcome-oriented result-focused achievement-centric success-driven accomplishment targeted realization, fulfillment, attainment, completion, execution, implementation, operationalization, activation, deployment, utilization, exploitation, capitalization, monetization, commercialization, industrialization, institutionalization, formalization, standardization, and regularization.

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