As reported by U.Today, the XRP cryptocurrency associated with Ripple is currently experiencing its ninth consecutive month of decline against Bitcoin. XRP is now down 72% since Ripple scored a partial victory in its legal battle with the U.S. Securities and Exchange Commission last July. The coin reached an all-time high of 0.00025 BTC in May 2017 and is now down a staggering 97% from that peak. U.S. District Court Judge Analisa Torres partially sided with the San Francisco-based company, ruling that the secondary sale of the highly controversial token did not constitute a securities offering. The ruling sparked a massive rally in the price of XRP, but that rally soon ended. Last year, Judge Torres also ruled that Ripple violated a securities offering through its institutional-grade XRP sales. The SEC is demanding that Ripple pay a $2 billion fine, but Ripple is looking to reduce that massive fine to $10 million, arguing that the company has been actively engaging with U.S. regulators and has not shown reckless disregard for securities regulations. How future developments in Ripple's case will affect XRP prices remains to be seen. So far, however, the coin's newfound regulatory clarity has not translated into any meaningful price growth.