XRP Prices Plummet 12% After US Senate Vote
XRP prices plummeted by over 12% in the hours following the US Senate vote, according to live price data. The cryptocurrency's value dropped from $1.45 to a low of $1.27 before stabilizing around $1.29.
Ripple executives emphasized that the vote did not change XRP's current legal status in the US.
The 1.25 dollar support level has become critical in the short term, while the 1.35 dollar region is now considered a resistance area.