MARKET INTELLIGENCE / FLAGSHIP RESEARCH
SEC v. Ripple: XRP Market Performance During the Crypto Bull Market
This research workspace compares XRP with Bitcoin and the broader market from the SEC filing on December 22, 2020 through dismissal of the appeals in 2025.
Relative performance describes co-occurring market behavior. It does not establish legal or economic causation.MARKET SERIES / UTC DAILYLoading canonical history…
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Enable the approved Coin Metrics Community connector in Market Intelligence and run the backfill. Empty charts remain explicit until verified observations exist.
Open Market Intelligence admin →Start date unavailableLatest completed UTC day unavailable
NORMALIZED PERFORMANCE
One starting line. Different market paths.
Each series is rebased to 100 on its first available shared-range observation. This compares percentage performance without treating token prices as equivalent.
Awaiting shared XRP, BTC, ETH, and total-market observations.
● XRP● Bitcoin● Ethereum● Total market
MARKET-WIDE EVENT LAYER
Separate XRP-specific catalysts from market contagion.
Verified shocks, failures, regulatory actions, and regime shifts use event windows when effects unfolded across several UTC days.
SEC files civil action
The litigation period begins. The chart describes coincident market behavior and does not establish causation.
Window: 2020-12-22Scope: asset-specificAssets: XRP
- Event day
- —— abnormal vs total market
- 1-day return
- —— abnormal vs total market
- 3-day return
- —— abnormal vs total market
- 7-day return
- —— abnormal vs total market
- 30-day return
- —— abnormal vs total market
METHODOLOGY & PROVENANCE
Every number should be reproducible.
BTC, ETH, and XRP price, market capitalization, and reported spot volume use Coin Metrics Community API metrics PriceUSD, CapMrktCurUSD, and volume_reported_spot_usd_1d at the 1-day UTC frequency. Coin Metrics aggregation and supply methodology can differ from CoinGecko and other providers. Canonical observations retain provider, retrieval timestamp, payload hash, import run, revision, and quality flags; derived values use deterministic market-v2 calculations. Event-window returns and 1-, 3-, 7-, and 30-day abnormal returns use total crypto market performance as the benchmark.
Research scope in plain text
The primary period begins December 22, 2020 and ends August 7, 2025. Once the canonical dataset is connected, the tables and chart expose XRP return, BTC return, relative performance, maximum drawdown, volume change, and rank change for matching completed UTC dates. All event descriptions link to primary records.