XRP News Today: Ripple Legal Pressures Mount as XRP Dips Below $2.20; Bitcoin Slides Toward $104K

Legal Uncertainty Clouds XRP Outlook Ripple’s legal dispute with the SEC continues to weigh heavily on XRP’s market performance. Despite hopes for a settlement that could resolve nearly a decade of regulatory uncertainty, recent court filings and procedural delays have cast doubt on a swift resolution. Pro-crypto attorney Bill Morgan highlighted new court documents suggesting…

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AVAX Market Cap Plunges 47% in Q1 2025, But Avalanche Ecosystem Shows Explosive User and Transaction Growth

Avalanche’s native token AVAX took a significant hit in the first quarter of 2025, with its market capitalization plunging nearly 47% quarter-over-quarter to $7.8 billion. Despite this sharp decline and falling USD-denominated fees, the broader Avalanche ecosystem tells a surprisingly bullish story — showcasing robust user growth, rising transaction volumes, and increasing engagement across Layer-1…

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Crypto Bridge

Why Is the Crypto Market Down Today? Key Reasons Behind the $61 Billion Crash Explained

The crypto market experienced a sharp downturn today, with the total market capitalization plunging by $61 billion to $3.30 trillion. This significant drop broke a key support level at $3.31 trillion, signaling a wave of volatility and uncertainty across digital assets. The primary catalyst? China’s renewed crackdown on cryptocurrency holdings, coupled with ongoing market jitters….

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Bitcoin Drops Below $105K as Hyperliquid Whale James Wynn Loses $100M in Massive Liquidation

Bitcoin’s sharp decline below the $105,000 mark on May 30 sent shockwaves through the crypto market—and dealt a devastating blow to one of Hyperliquid’s most aggressive traders. James Wynn, a well-known figure in the high-stakes crypto community, suffered massive losses totaling nearly $99.3 million as two of his heavily leveraged long Bitcoin positions were liquidated….

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Bitcoin Hits $110K Again — Key Long-Term Holder Move Could Make or Break the Rally

Bitcoin [BTC] has reclaimed the $110,000 mark for the third time this cycle, officially entering a new price discovery phase. While that might sound like another rocket launch to the moon, on-chain signals suggest the next move will depend heavily on one group: long-term holders (LTHs). Spending Spree or Strategic Exit?According to on-chain data from…

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