Is XRP systematically suppressed in collaborative market manipulation?
Source: CoinWorld
Time: 2025-09-10 17:19:36
XRP faces allegations that major exchanges such as Coinbase suppress prices by coordinating outflows, and the correlation between outflows and the $1.20 resistance level is reportedly 0.87. Regulatory uncertainty (which was highlighted by SEC’s 2020 litigation and fragmentation of the global compliance environment) caused prices to fall by 70% in 2024. Despite these challenges, Ripple adopts the ISO 20022 standard and extends to regulated stablecoins, allowing it to gain a foothold in the cross-border payments market, although systemic risks and regulatory barriers remain.