XRP Price Records a 4.4% Fall During Thursday's U.S. Trading Session

During Thursday's U.S. trading session, the XRP price recorded a 4.4% fall to reach its current trading value of $2.4. The selling pressure followed the buyer's inability to sustain the recent market

During Thursday’s U.S. trading session, the XRP price fell by 4.4%, reaching its current trading value of $2.4. This decrease in price followed the buyer’s inability to sustain the recent market upswing after yesterday’s FOMC meeting.

While the continued correction hints at another breakdown of most major altcoins, the Ripple cryptocurrency shows potential for a bullish reversal as major exchanges begin to adopt more favorable trading conditions, including the introduction of XRP futures.

Key Highlights:

Bitnomial, a leading exchange for cryptocurrency futures, has officially launched its physically settled XRP/USD futures contracts. Commencing on March 20, 2025, traders can now engage in the XRP/USD futures market with real asset delivery and enhanced regulatory compliance under the CFTC (Commodity Futures Trading Commission).

This new offering follows the voluntary dismissal of Binomial Exchange’s lawsuit against the SEC, which paved the way for its expanded offerings. XRP futures are expected to bring more liquidity and transparency to the market, especially as Bitnomial’s contracts are designed to settle with the actual asset rather than cash, providing traders with more accurate and reliable market prices.

🚀And We’re Live 🚀

Bitnomial’s physically settled XRP/USD futures are now trading. Trade with real asset delivery, stronger price discovery, and full CFTC regulatory compliance.

Contract Specs and More: https://t.co/5medLQuC3C

Read: https://t.co/4prl7nCsIGpic.twitter.com/NahTjw8rtB

— Bitnomial (@Bitnomial) March 20, 2025

This new XRP-based product could attract institutional and retail investors, potentially driving up demand for the ripple cryptocurrency.

In the daily time frame chart, the XRP price witnessed a V-shaped recovery from $1.9 to $2.44 — a 28% increase — in the last two weeks. This reversal showcased price sustainability above the 50% retracement level, which is crucial support for buyers to maintain a broader bullish trend.