XRP Drops 2.5% Amidst Crypto Market Selloff

Friday, Jun 6, 2025 9:24 am ET1min read
XRP falls 2.5% to $2.14 amidst broader crypto selloff, fueled by Trump-Musk tensions. High liquidity makes XRP vulnerable to market shifts, with current chart patterns indicating further declines. Technical indicators confirm bearish trend. Investors watch June 16 for a potential Ripple v SEC settlement, which could resolve regulatory ambiguity and lift sentiment.