XRP and Bitcoin Price Update – Volatility Ahead of Key June Deadlines

XRP continues to experience heightened volatility amid escalating tension in the ongoing legal battle between the SEC and Ripple Labs. A significant court deadline looms on June 15, prompting investors to focus on a closed-door SEC meeting scheduled for May 29, 2025. The outcome of this meeting could be pivotal in restarting stalled settlement discussions.

On May 15, Judge Analisa Torres denied the SEC’s request to modify her final judgment concerning XRP’s institutional sales. In response, XRP plummeted from a high of $2.6507 to $2.2659 by May 25. The market remains anxious, with sentiment dampened by the SEC’s silence following its failed appeal.

Legal experts, including attorney John E. Deaton, suggest that for a settlement to proceed, the SEC may need to concede that XRP functions as a commodity. This admission would mark a dramatic shift in the SEC’s position and could pave the way for a resolution.

If no settlement is reached, the court may resume the appeal or grant a deadline extension—provided both parties demonstrate a commitment to progress. Alternatively, Ripple could initiate a cross-appeal, adding further complexity to the legal proceedings.

XRP Price Outlook

XRP rose 0.57% on May 25, following a 1.44% gain the previous day, closing at $2.3426. Despite this rebound, XRP underperformed the broader crypto market, which grew 0.95% to a total market cap of $3.37 trillion.

Immediate support lies at $2.26, with resistance at $2.6553. A breakout above this level could push XRP toward $3.00, and potentially test its all-time high of $3.5505. Technical indicators suggest a bullish momentum remains intact, though legal developments will largely dictate price direction.

Bitcoin Surges on Tariff Relief and Legislative Tailwinds

Meanwhile, Bitcoin (BTC) saw renewed upward momentum after former President Trump announced a delay to a planned 50% tariff on EU goods. The announcement, made on May 25, led to a swift intraday surge from $107,419 to $109,315.

This geopolitical development eased inflation concerns and improved market sentiment, boosting Bitcoin’s position as a macro-sensitive asset. BTC ended the day up 1.15%, extending its gains from Saturday and closing at $109,096.

Legislation Supports Bullish BTC Outlook

Longer-term support for BTC comes from U.S. legislative efforts. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the purchase of one million BTC by the U.S. government over five years. The bill includes a mandatory 20-year holding period.

States like Texas, Arizona, and New Hampshire are already backing similar crypto reserve initiatives. This growing institutional endorsement is seen as a positive driver for Bitcoin’s demand dynamics.

BTC Price Scenarios

• Bearish: Renewed geopolitical tensions, legislative delays, recession fears, and ETF outflows could push BTC below $100,000.
• Bullish: Trade relief, robust economic data, Bitcoin Act progress, and strong ETF inflows could propel BTC above its all-time high of $112,912, with $115,000 as the next target.

Conclusion

As XRP navigates legal uncertainty and Bitcoin responds to macroeconomic and legislative catalysts, both assets remain highly sensitive to headlines. Traders and investors should closely monitor upcoming SEC announcements, court filings, and U.S. crypto legislation for cues on price direction in the weeks ahead.

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