Key Points:

  • $XRP

    fell 1.27% as investors reacted to anti-crypto remarks and awaited a key SEC meeting on the Ripple appeal.

  • Senator Warren’s renewed criticism of crypto weighed on XRP sentiment ahead of a potential stablecoin bill vote.

  • President Trump reaffirmed his pro-crypto stance, supporting legislative momentum for bills such as the Bitcoin Act.

XRP Dips Amid Renewed Anti-Crypto Rhetoric

XRP$XRP came under selling pressure as investors awaited the SEC’s upcoming closed meeting and a possible vote to withdraw the appeal in the Ripple case.

Ripple Chief Legal Officer remarked on Senator Elizabeth Warren’s latest attack on digital assets, stating:


XRP Outlook: Legal Developments and ETF News in Focus

$XRP fell 1.27% on Monday, May 5, extending Sunday’s 1.32% loss to close at $2.1319. The token underperformed the broader crypto market, which gained 0.39%, taking the total crypto market cap to $2.9 trillion.

#Xrp🔥🔥 #XRPPredictions