XRP Down 2% Since Ripple’s MiCA Approval, Leading to Claims of Inverse Price Impact

thecryptobasic2026-06-24 15:31:54

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XRP Down 2% Since Ripple’s MiCA Approval, Leading to Claims of Inverse Price Impact

Despite confirmation that Ripple secured preliminary approval under Europe's Markets in Crypto-Assets (MiCA) framework, XRP has continued to face selling pressure. The crypto asset has declined 2.39% over the past week, and this has led to some market participants arguing that positive developments surrounding Ripple no longer translate into upward momentum for XRP.

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