Ripple’s XRP has erased all gains from its 2025 bull run, declining over 71% from its all-time high of $3.65 to trade near $1.01 in late June 2026. The asset, which rallied after a favorable court ruling in its lawsuit with the SEC, now faces pressure from macroeconomic uncertainty and potential Federal Reserve interest rate hikes, risking a fall below its key support level.
Ripple’s XRP is experiencing a stark reversal in 2026 compared to its 2025 performance. CoinGecko data shows the asset climbed to an all-time high of $3.65 in July of last year but has since dipped by more than 71%. The price dipped to $1.01 in late June 2026 and has since struggled to gain momentum.
XRP currently seems to have some support at the $1 mark. A fall below this support could pull prices to the 50 cent mark, a level last traded at in November 2024.
XRP’s bullish outbreak from December 2024 until July 2025 was fueled by sentiment after the settlement of the SEC vs. Ripple lawsuit. A US court ruled in 2025 that the sale of XRP to retail investors did not fall under securities laws, but institutional purchases did. This development led to a surge in investor confidence.
The asset’s upswing was unfortunately short-lived. XRP succumbed to larger market forces as the cryptocurrency sector took a hit late last year due to increased geopolitical tensions and macroeconomic uncertainties.
There is a possibility that the cryptocurrency market will take another hit later this year. Inflation in the US rose to 4.2% in May, and the Federal Reserve decided to keep interest rates unchanged. Many experts anticipate the Federal Reserve to instead hike interest rates on two occasions later this year.
Higher interest rates could lead to another exodus of investors from the cryptocurrency market. XRP could see a dip below the $1 mark under such circumstances.
