XRP's price jumped by almost 10% following the court's ruling denying the U.S. Securities and Exchange Commission's bid to appeal against an earlier decision given in favor of Ripple.
XRP’s price jumped by almost 10% following the court’s ruling denying the U.S. Securities and Exchange Commission’s bid to appeal against an earlier decision given in favor of Ripple.This led to a jump in XRP’s value in the last 24 hours.
the decision by claiming that such an appeal would be significant for numerous lawsuits. However, the judge disagreed, stating that there was no substantial basis for different opinions on her findings and that an appeal would not significantly progress the case toward a resolution.Although it shed most of these gains in the hours that followed, XRP ranked as the cryptocurrency asset with the most gains in the last 24 hours. At press time, the altcoin exchanged hands at $0.5328.
On a 12-hour chart, accumulation climbed steadily amongst the token’s spot traders. With key momentum indicators resting above their respective center lines, XRP accumulation outpaced distribution.
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