XRP is under pressure again as its price approaches the $2 mark due to a series of factors including geopolitical events, legal uncertainty, and weakening on-chain fundamentals.
After a week of wild volatility, news about Ripple’s XRP suggests that investor sentiment has become increasingly pessimistic. The U.S. airstrike on Iran’s nuclear facilities sparked broader market panic, and the subsequent sharp sell-off of Ripple began.
On Saturday, June 21, Ripple (XRP) fell to a weekly low of $2.00, a drop of 6%. U.S. President Donald Trump called the attack an “extraordinary military victory” and said the action was aimed at stopping Iran’s nuclear ambitions.
Speculation and legal uncertainty exacerbated the decline
Geopolitical shocks are not the only factor that has panicked the market. XRP has also been affected by a new round of speculation surrounding the ongoing XRP lawsuit. Rumors that the U.S. government might seize Ripple’s XRP for national reserves were rampant, further exacerbating investor anxiety. Although legal experts like pro-cryptocurrency attorney Bill Morgan refuted such rumors—simply saying, “No.”—the damage to market sentiment was already done.
As panic spread, investors began to question whether Bitcoin could hold key support levels or whether it was about to fall further. However, more and more people have switched their investment direction and invested their cryptocurrencies or spare money in the cloud mining industry, which can continue to make profits for investors despite market turmoil. ETHRANSACTION is the most trusted cloud mining service platform. If you are new to the cryptocurrency field, all you need is a mobile phone, a free account, and a few taps to start mining and earn a high income in real cryptocurrency. Here are the six major advantages of the ETHRANSACTION platform to successfully start your cloud mining journey.
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Flexible contracts and fast withdrawals
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How to achieve stable income on ETHRANSACTION:
The operation process is very simple. Just follow the following three steps:
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3 Daily income: After the contract takes effect, the income will be automatically distributed daily, and you can view and withdraw it at any time.
Conclusion: A smart choice for cloud mining in 2025
With the growing global demand for passive income from digital assets, ETHRANSACTION has become one of the most attractive cryptocurrency mining platforms in 2025 with its instant start, daily payments, and diversified high-return contracts. Whether you are trying it for the first time or looking to expand your portfolio, the ETHRANSACTION platform is a trustworthy choice.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
