Altcoins

Why Is XRP Dropping? XRP SEC Meeting Today Signals Breakout

By Isaiah Mccall

Last Updated: Mar 7, 2025

Fact checked

By Akriti Seth

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Disclaimer Icon
Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Why Is XRP Dropping? Trump’s executive order on Thursday didn’t just affirm Bitcoin; it made it official—a US strategic asset with a title and a purpose in the form of the Strategic Bitcoin Reserve.

 For Bitcoin maximalists, it’s a defining moment. For the rest of crypto—left watching from the bleachers as altcoins like XRP were ignored—it’s a bitter pill. The fallout saw markets whip into a frenzy, amplifying the fault lines already dividing digital assets.

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Explore9 High-Risk High-Reward Cryptos for 2025

Why Is XRP Dropping?  The Strategic Bitcoin Reserve Framework

Rather than buy into the market, the Strategic Bitcoin Reserve runs entirely on seized Bitcoin from criminal actions. No fresh acquisitions, no taxpayer dollars—Trump’s order makes clear that future expansion hinges on “budget-neutral strategies.” The reserve appears more like a vault than a trading desk, committed to holding its assets instead of liquidating them.

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Trump pitched the move as a defining step in America’s digital dominance. “We’re cementing our place as global leaders in the crypto space,” he declared, “while building economic strength here in the US”

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025

XRP’s Market Performance and Technical Outlook

Notably absent from this historic policy are alternative cryptocurrencies, including Ethereum, Solana, and Ripple’s XRP. While Bitcoin reigns supreme in this initiative, the exclusion of these altcoins disappointed many crypto advocates. XRP, in particular, saw its community rallying to defend its legitimacy as a leading digital asset.

Conversely, options data points to a rising demand for long-term call positions, hinting that the market isn’t counting XRP out. If anything, it suggests the groundwork for a strong move ahead is already in motion.

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XRP’s market is on edge, coiled tight in a symmetrical triangle pattern as traders watch for a decisive move. 99Bitcoin’s analysts point to strong signals—a golden cross between the 20-day and 200-day moving averages and narrowing Bollinger Bands—hinting at bullish momentum brewing just under the surface.

The technical setup paints a clear picture:

  • Support sits firm at $145 billion, with any slip threatening a drop to $140 billion.
  • Resistance at $150 billion is the key gate to a rise toward $155 billion.
  • RSI around 60 signals steady bullish energy.
  • Volume remains flat, suggesting traders are holding their breath for confirmation of a breakout.

With predictions aiming high, 99Bitcoins analysts see XRP hitting $3.50 by April 2025—a 33% boost—with midyear targets climbing to $9.67 if institutional support and regulatory clarity kick in.

Regulatory Uncertainty Looms

Eyes are now on the White House Crypto Summit, where industry leaders and analysts anticipate potential clarity on token classifications, enforcement strategies, and tax policies. Ripple’s CEO Brad Garlinghouse is among the attendees, sparking optimism about the future of XRP. The summit is seen as a critical moment for shaping the regulatory framework for digital assets in the U.S.

Bitget Research’s Chief Analyst Ryan Lee highlighted the summit’s significance, saying, “Announcements on token classifications and incentives could change the game for institutional investors and market dynamics in the long term.”

While Trump’s White House Crypto Summit sends Bitcoin into new territory, it also highlights the shifting recognition of blockchain as a central player in global finance.

XRP, meanwhile, is weathering the storm, flexing its muscle in cross-border payments as it reclaims its ranking among the top three cryptocurrencies. With momentum building, the token eyes a potential breakout year by summer 2025.

EXPLORE: XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress

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Key Takeaways

  • Why Is XRP Dropping? Trump’s executive order on Thursday didn’t just affirm Bitcoin; it made it official.
  • Rather than buy into the market, the Strategic Bitcoin Reserve runs entirely on seized Bitcoin from criminal actions.
  • With momentum building, the token eyes a potential breakout year by summer 2025.

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Isaiah Mccall
Isaiah Mccall
Crypto Analyst

Isaiah McCall is an ultramarathon runner and journalist for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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