📊 Market Update – June 1, 2025$XRP

As of Sunday, June 1, 2025, XRP is experiencing notable price volatility driven by legal developments, supply shifts, and broader economic concerns.

📉 Current Price

XRP (Ripple) is trading around $2.17, with a slight intraday change of +0.014%

24H Range: High of $2.20, Low of $2.13

(Source: CoinMarketCap, TradingView)

⚖️ Key Influencing Factors

SEC Legal Case: A recent ruling by Judge Torres denied a motion from the U.S. SEC, increasing regulatory uncertainty. As a result, XRP dropped below $2.10 for the first time since May 6.

Token Unlock Event: Ripple released 1 billion XRP tokens from escrow on June 1, injecting over $2.3 billion into the circulating supply — a potential source of price pressure.

Global Economic Uncertainty: Broader economic concerns, including U.S. trade policies and inflation fears, are influencing investor sentiment in crypto markets.

🔮 Forecast & Outlook

Expected Trading Range: Analysts expect XRP to trade between $2.05 and $2.50 in early June, depending on whether bulls break resistance or sellers dominate.

ETF Speculation: There is optimism that an XRP ETF might be approved, which could potentially push prices as high as $5.85 if institutional demand increases.