📰 XRP & BTC Market Update – May 30, 2025
🚨 Ripple’s Legal Pressure Builds
XRP is feeling the heat as Ripple faces growing legal uncertainty. The U.S. SEC’s silence following its final closed meeting of the year has left investors in suspense. 😬 With no update on the XRP case and looming concerns over potential ETF disapprovals, the token has dipped below key support levels.
📉 Current XRP Price: $2.21
🔻 Daily Change: -3.9%
⚠️ Chart signals like the “death cross” suggest a deeper drop could be on the horizon.
---
💸 Bitcoin Cools Off Near $106K
Bitcoin has also taken a step back, sliding to $106,000 with a daily decline of around 2%. Despite softer U.S. inflation numbers boosting hopes for interest rate cuts, BTC remains in a tight range. Traders are watching closely for a breakout. 🔍
📉 BTC Range Today: $105,332 - $108,865
🔐 Key Support: $104,700
📊 Key Resistance: $108,000+
---
🔍 What to Watch Next
👨⚖️ SEC's next move in the Ripple case
🗓️ ETF approval/rejection outcomes
📉 U.S. economic data and Fed rate decisions
Both XRP and BTC are walking a tightrope — stay informed and trade smart! 🧠💼📊 #XRPNews 🪙
#BitcoinUpdate 💰#CryptoMarket 📉#RippleVsSEC ⚖️#CryptoTrends 🚀 $XRP