XRP price traded lower for a second consecutive day, slipping 2.03% to $2.36 on May 17 amid rising legal uncertainty and bearish derivatives flows. US District Judge Analisa Torres’ latest ruling in the SEC vs. Ripple case has sparked fresh doubts about XRP’s institutional clarity, while open interest and trader sentiment reflect decline in investor confidence. Could weak trading volumes trigger further downsizing over the weekend? Judge Torres’ Ruling Casts Doubt on XRP’s Regulatory Future Ripple (XRP) price tumbled to weekly lows around $2.3 on Friday after Judge Analisa Torres rejected a joint motion from Ripple and the SEC that sought clarity on the ban against institutional XRP sales. Ripple (XRP) Price Action, May 17, 2025 | Source: Coingecko The negative market reaction continued on Saturday, as Ripple price traded as low as $2.31 as the decision to uphold the $125 million settlement find now introduces fresh regulatory risks as… Read More at Coingape.com
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