SEC Delay on ETF Approvals Could Trigger an XRP Price Dump, Experts Warn
- SEC processing stalls during the U.S. government shutdown, pushing XRP ETF timelines.
- XRP trades near $2.24 support after a three-week slide of about 27%.
- Analysts flag downside risk into any deadline extension, while institutional interest continues to build.
XRP could experience increased bearish pressure as the delay over a potential ETF approval persists. The setback in the SEC’s process for greenlighting ETF products for XRP and other cryptocurrencies stalled following a partial shutdown in US government operations.
The US Government Shutdown Impact on XRP
The shutdown will extend into another week after the US Senate failed to advance the GOP funding bill for a 10th time on Thursday. As a result, the stall in government activities will persist, with many agencies, including the SEC, suspending operations.
XRP’s price tumbled following the government…
Read The Full Article SEC Delay on ETF Approvals Could Trigger an XRP Price Dump, Experts Warn On Coin Edition.
Read More
XRP Price Prediction: Lawyer’s Defense Of Decentralization Revives Market Confidence
XRP Crash Today Is a Liquidity Grab, Not a Breakdown – Analyst
SEC Delay on ETF Approvals Could Trigger an XRP Price Dump, Experts Warn
- SEC processing stalls during the U.S. government shutdown, pushing XRP ETF timelines.
- XRP trades near $2.24 support after a three-week slide of about 27%.
- Analysts flag downside risk into any deadline extension, while institutional interest continues to build.
XRP could experience increased bearish pressure as the delay over a potential ETF approval persists. The setback in the SEC’s process for greenlighting ETF products for XRP and other cryptocurrencies stalled following a partial shutdown in US government operations.
The US Government Shutdown Impact on XRP
The shutdown will extend into another week after the US Senate failed to advance the GOP funding bill for a 10th time on Thursday. As a result, the stall in government activities will persist, with many agencies, including the SEC, suspending operations.
XRP’s price tumbled following the government…
Read The Full Article SEC Delay on ETF Approvals Could Trigger an XRP Price Dump, Experts Warn On Coin Edition.
Read More
XRP Price Prediction: Lawyer’s Defense Of Decentralization Revives Market Confidence