尽管SEC撤销了诉讼，但XRP价格崩溃了

唐纳德·特朗普总统的连任和现任形式证券交易委员会（SEC）主席加里·金斯勒（Gary Gensler）辞职的消息帮助XRP Soar

President Donald Trump’s re-election and the news that the now-former Securities and Exchange Commission (SEC) Chair Gary Gensler would resign helped XRP soar from about $0.51 to January highs near $3.31 for a 549% rally.

总统唐纳德·特朗普（Donald Trump）的连任和新闻报道，即现在的形式证券交易委员会（SEC）主席加里·盖斯勒（Gary Gensler）将辞职，帮助XRP从0.51美元到1月的高点，达到549％的集会，接近3.31美元。

Events in the subsequent months provided substantially fewer tailwinds, with even the SEC’s watershed decision to abandon its lawsuit against Ripple Labs triggering only a short-lived rally.

在接下来的几个月中，事件提供了较少的尾风，甚至SEC的分水岭决定放弃对Ripple Labs的诉讼，仅触发短暂的集会。

In fact, though the immediate reaction to the news was positive and led to a 14.35% rally from March 18 lows near $2.23 to March 19 highs near $2.55, sending the token’s market capitalization to $149.18 billion, subsequent trading proved something of a bloodbath.

实际上，尽管对该新闻的直接反应是积极的，并且从3月18日的低点到2.23美元到3月19日高达2.55美元，导致了14.35％的集会，将令牌的市值降低到1491.8亿美元，但随后的交易证明了一些血腥的交易。

Specifically, XRP erased $11.4 billion within just 48 hours despite it shedding arguably the biggest bearish factor that kept it depressed since the lawsuit was first filed in 2021, per the data Finbold retrieved from CoinMarketCap on March 21.

具体而言，XRP在短短48小时内撤消了114亿美元，尽管可以说是自3月21日从CoinMarketCap检索到的数据Finbold，这是自2021年首次提起的最大看跌因素，使其保持沮丧。

XRP proves susceptible to wider crypto market headwinds

XRP证明对更广泛的加密市场受到影响

The same phenomenon affected the entire cryptocurrency market, though the effect was somewhat delayed. The cumulative valuation of digital assets soared from $2.62 trillion on March 18 to a March 20 high of $2.81 trillion. By press time on March 21, the figure diminished by some $110 billion and stands at $2.7 trillion.

同样的现象影响了整个加密货币市场，尽管效果有些延迟。数字资产的累积估值从3月18日的2.62万亿美元飙升至3月20日的高点2.81万亿美元。到3月21日发稿时，该数字减少了约1,100亿美元，达到2.7万亿美元。

Generally, the cryptocurrency market appears entirely affected by the same fear that has gripped stock investors and led to a significant equity selloff and, if gold’s price movements are to be used as a gauge, a flight to the safety of commodities.

通常，加密货币市场似乎完全受到了股票投资者的恐惧并导致股票销售的恐惧，如果要将黄金的价格变动用作量规，则是通往商品安全的航班。

While President Trump’s protectionist tariffs may yet prove positive in the long run, in the short term, they have ensured traders are uncertain about their investments, consumers are uncertain about the prices of necessary goods, and analysts are speculating if the U.S. is already in a recession.

尽管从长远来看，特朗普总统的贸易保护主义关税可能仍证明是正面的，但他们确保交易者不确定其投资，但消费者不确定必要商品的价格，分析师猜测美国是否已经处于衰退中。

Still, not all headwinds can be directly linked to the commander-in-chief. Breakthroughs in China have shaken the increasingly important technology sector, a shift that had a spillover effect into other industries and is, by all accounts, visible among digital assets.

尽管如此，并非所有逆风都可以直接链接到总司令。中国的突破已经动摇了日益重要的技术领域，这种转变对其他行业产生了溢出的影响，并且在数字资产之间是可见的。

Long-term picture remains bullish for XRP

长期图片仍然是XRP的看涨

Despite the turmoil and the likely short-term disappointment many XRP bulls might be feeling, it is worth pointing out that the token remains substantially above the levels it had been maintaining for years.

尽管动荡和可能的短期失望，许多XRP公牛可能会感到，但值得指出的是，令牌仍然高于其多年来维持的水平。

Though it is just over 2% down in the last 7 days, the fact it remains 304.03% in the green in the last six months at its press-time price of $2.38 is a major accomplishment and has demonstrated that a long-term bull case remains.

尽管在过去的7天内下降了2％以上，但在过去六个月中，绿色仍以2.38美元的新闻价格在绿色中保持304.03％是一项重大成就，这是一项重大成就，并且已经证明了长期的牛案。