Why did $XRP drop in the last hours?
Massive selling after the end of the legal dispute
More than $1.2 billion in XRP were sold in just 24 hours, right after Ripple and the SEC closed their five-year legal dispute, with the payment of a $125 million fine and no admission of guilt.
BlackRock takes a step back
Despite legal clarity, BlackRock has currently ruled out the launch of an XRP ETF, which has cooled immediate institutional adoption expectations.
Reason Importance
End of legal uncertainty Generates clarity and moves the market.
Massive selling impacts price Liquidity enters right after the rally.
Institutional players slow momentum Without support from key players like BlackRock, the rally could cool off.
Would you buy $XRP at these levels or would you prefer to wait for an ETF? Respond with for "buy" or for "wait."