With the SEC lawsuit that is pending, the price of bitcoin has taken a major hit as many of the investors are starting to sell off their ripple investments. The price of ripple (XRP) has dropped y over 30% in the last day alone. This is less that half of the all time high that we saw ripple reach this year, with the price having a low of $0.35 in the last 24 hours. At this point it is unclear whether ripple will rise or if there will be a reduction in the ripple price and we may see a lower value.