XRP News Today: XRP Pulls Back 13% from Seven-Year High as SEC Delays ETF Decision and Trading Volume Drops 42% to $4.04B

XRP, the digital asset issued by Ripple, reached a seven-year peak of $3.666 in July 2025 before retreating, driven by declining trading volumes and broader altcoin market fatigue. The price correction followed a rapid surge fueled by capital inflows into top-tier altcoins amid Bitcoin’s stabilization, though the rally stalled as investor sentiment turned cautious. A 42% drop in 24-hour trading volume to $4.04 billion, reported by CoinMarketCap, underscored the market’s hesitancy to commit to further gains, with traders adopting a wait-and-see approach ahead of potential macroeconomic catalysts [1].

The token’s consolidation phase, with prices oscillating between $3 and $3.24, reflects short-term exhaustion in the altcoin market. Analysts attribute this to Bitcoin’s fluctuating influence on capital rotation, where initial inflows into altcoins like XRP have cooled as investors reassess risk amid regulatory and macroeconomic uncertainties [2]. The U.S. Securities and Exchange Commission (SEC) delayed a decision on the Bitwise crypto ETF application, compounding market jitters. XRP dropped 6% in a single day following the news, highlighting the sector’s vulnerability to regulatory developments [3].

Bitcoin’s own consolidation near $114,000 added to the uncertainty, as the broader crypto market capitalization dipped 2.2% to $3.85 trillion. This volatility has amplified XRP’s price swings, with technical indicators pointing to critical support levels between $2.90–$3.00. A breakdown below $2.90 could trigger further declines to $2.70, while sustained momentum above $3.00 might retest July highs. However, reduced trading activity suggests a lack of conviction in either direction, with investors awaiting clarity on regulatory frameworks and macroeconomic liquidity trends [4].

The near-term trajectory of XRP hinges on two factors: the SEC’s rulings on ETF approvals and the token’s ability to hold key support levels. Analysts warn that failure to stabilize above $2.90 could deepen the correction, particularly if liquidity conditions fail to improve. Meanwhile, the U.S. Federal Reserve’s upcoming interest rate decision remains a pivotal catalyst, as lower rates historically boost risk-on assets. However, the market’s mixed signals—ranging from Bitcoin’s tight consolidation to altcoin fatigue—underscore the fragile balance between optimism and caution [5].

Investor behavior remains fragmented, with heavy whale activity and regulatory outcomes shaping market dynamics. While XRP’s seven-year high signals renewed interest in altcoins, the 13% pullback from its mid-month peak highlights the sector’s susceptibility to profit-taking and external shocks. The delayed ETF decisions have cast a shadow over sentiment, with XRP’s ongoing legal battle with the SEC further complicating its outlook.

Sources:

[1] [XRP Near Seven-Year High Faces Consolidation Amid Declining Volume and Market Uncertainty](https://en.coinotag.com/xrp-near-seven-year-high-faces-consolidation-amid-declining-volume-and-market-uncertainty/)

[2] [XRP Near $3.02 as Analysts Flag Key Support Levels](https://www.ainvest.com/news/xrp-news-today-xrp-3-02-solana-5-4-ada-0-80-august-etf-catalysts-drive-crypto-price-swings-2507/)

[3] [XRP Drops 6% as SEC Delays Bitwise ETF Decision](https://m.economictimes.com/news/international/us/xrp-sinks-6-percent-again-as-sec-delays-bitwise-crypto-etf-is-the-dip-a-red-flag-or-a-golden-buy-signal-heres-the-2025-xrp-price-prediction-you-need-to-see/articleshow/122859722.cms)

[4] [Bitcoin Tests $112,000 Support Amid Market Uncertainty](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-tests-112-000-support-market-eyes-130-000-target-2-2-cap-drop-2507/)

[5] [Bitcoin’s Volatility Amid Tight Consolidation](https://www.mitrade.com/au/insights/news/live-news/article-3-989792-20250727)