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XRP drops 14% weekly amid whale selling and US regulatory uncertainty despite Ripple's partnership growth.

Market News
05 Jun 2026
Tokenpost
View Source
Bearish
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XRP's price fell about 14% over the past week, pressured by large holder (whale) selling and renewed uncertainty over US crypto regulations. The token dropped from a recent peak of $1.60 to around $1.09, breaking key support levels and raising concerns about a deeper downtrend. Despite this, Ripple continues expanding its RLUSD stablecoin partnerships and increasing policy engagement in Washington, aiming to boost long-term adoption. The market now watches if XRP can stabilize near $1.09 and how upcoming US legislation, like the CLARITY Act, might clarify regulatory risks and influence XRP's future.

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