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XRP price dips after SEC classifies it as a digital commodity amid fading institutional interest and market pressure.

Market News
23 Mar 2026
Tokenpost
View Source
Neutral
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XRP initially surged to around $1.60 following the SEC's March 17 decision to classify it as a non-security digital commodity, but the rally has since weakened, with prices retreating to about $1.40. This pullback reflects broader market risk-off sentiment, including a dip in Bitcoin prices and cautious investor behavior amid uncertain macroeconomic conditions. Institutional inflows, which were expected to support XRP, have slowed dramatically from $200 million to under $2 million, indicating limited large-scale investment so far. Going forward, XRP's price stability may depend on improved macro conditions, clearer U.S. monetary policy, and stronger institutional participation, while technical resistance near $1.44 remains a key level to watch.

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