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XRP is crashing! Ripple drama and Bitcoin remains stable!
Current crypto news: Bitcoin stable at $107,400, XRP loses four percent as a result of the legal dispute with the SEC.
XRP is crashing! Ripple drama and Bitcoin remains stable!
The cryptocurrency market is showing a mixed performance on June 27, 2025. Bitcoin, the leading digital currency, remains stable at $107,400. This leaves Bitcoin's market capitalization at an impressive $2.14 trillion, making the asset the sixth largest globally. However, domestic political factors in the USA influence the entire market environment.
The Ethereum price is at $2,400, down over one percent on the day. In addition, the all-time high remains around 50 percent away. Among the top 10 cryptocurrencies, XRP (Ripple) has seen the biggest loss, down four percent. The main reason for this decline is the ongoing legal battle between Ripple and the SEC, as a judge rejected a settlement. These legal uncertainties are weighing heavily on the price of XRP, which has fluctuated significantly over the past week.
Impact of US core inflation numbers
While cryptocurrencies are struggling, traditional financial markets are showing a positive trend. Indices such as the Nasdaq and the S&P 500 are recording slight gains, as is the price of gold. Analysts are turning their attention to the upcoming US core inflation (PCE) figures for May, which could have a significant impact on financial markets.
A rise in core PCE inflation could reduce the likelihood of a rate cut in September. This, in turn, could lead to a flight from risk assets like Bitcoin as investors look for stability. The pressure on the cryptocurrency market therefore remains high given these economic indicators.
For more information on the legal disputes between Ripple and the SEC, detailed insights can be found on the website SEC be found. The current market situation highlights the uncertainties in the digital financial sector, while traditional markets are making gains more easily.