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Los Angeles, California, May 26, 2025 (GLOBE NEWSWIRE) -- SEC v. Ripple: Focus turns to closed-door meeting as court deadline looms

The judge in the SEC v. Ripple case could grant an extension if both parties show good faith efforts to resolve the case.

The U.S. Court of Appeals could also dismiss the SEC's appeal on procedural grounds, though this remains highly unlikely.

Absent a settlement, Ripple may proceed with its cross-appeal, adding further complexity to the legal landscape.

With the clock ticking, these potential scenarios expose XRP to increased near-term price volatility. A second request for an indicative ruling and the court's response could be the next major catalyst for XRP.

XRP price outlook: Legal risks in focus

XRP advanced 0.57%, following Saturday's 1.44% gain, closing at $2.3426. The token underperformed the broader market, which rose 0.95%, taking the total crypto market cap to $3.37 trillion.

XRP's near-term outlook depends on court filings, court rulings, and updates related to XRP-spot ETFs.

Technical support sits at $2.26. A break above the May 12 high of $2.6553 could signal a move toward $3.00, with the potential to reach the record high of $3.5505.

Bitcoin gets tariff relief

While XRP faces legal turbulence, Bitcoin (BTC) momentum is influenced by trade developments. On Sunday, May 25, President Trump announced a delay to the 50% tariff on EU goods, stating:

"I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the deadline for the 50% tariff with respect to Trade and the European Union. I agreed to the extension - July 9, 2025 - It was my privilege to do so. The Commission President said that talks will begin rapidly.”

BTC surged 1.65% within an hour of the announcement, climbing from $107,419 to $109,315 before easing back. Sunday's price action reflected BTC's sensitivity to geopolitical events and their implications for inflation and Fed policy.

State-level momentum behind The Bitcoin Act

While trade news drives short-term moves, U.S. crypto legislation may influence BTC's longer-term supply-demand dynamics. Senator Cynthia Lummis reintroduced The Bitcoin Act in 2025. The bill proposes the U.S. government purchase one million BTC over five years, with a mandatory 20-year holding period.

Optimism about Congress passing the bill has contributed to BTC's recent gains. State-level support is growing. Texas lawmakers recently approved a crypto strategic reserve bill, now awaiting Governor Gregg Abbott's signature. Arizona and New Hampshire were the first to approve Strategic Bitcoin Reserve bills and several other states have proposed similar legislation.

BTC price outlook: Legislation and ETF trends

BTC climbed 1.15% on May 25, extending Saturday's 0.46% gain to close at $109,096. The near-term outlook depends on legislative developments, trade headlines, macroeconomic indicators, and ETF inflows.

Potential scenarios:

What to watch

Investors should monitor legal updates in the Ripple case, crypto legislation from Washington, and key U.S. economic indicators. These factors will likely influence market sentiment and determine whether XRP and BTC can retest recent highs.

Explore analyst forecasts on where XRP and BTC may head next amid legal and political tailwinds.