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XRP Today's news: Ripple case has been going on for four years; BTC hovering below $95,000
Key points:
XRP is the most serious case in the four-year history of the U.S. Securities and Exchange Commission lawsuit, with a price reaching as high as $2.9070. The imminent appeal decision will determine its future.
The anniversary of the SEC's Ripple lawsuit has sparked speculation as Chairman Gensler may file an appeal before stepping down in January.
Due to the pressure caused by the hawkish policy of the Federal Reserve on demand, the outflow of Bitcoin ETF funds continues, leading to BTC falling below $95,000.
The U.S. Securities and Exchange Commission's lawsuit against Ripple has been going on for four years.
This week marks the fourth anniversary of the US Securities and Exchange Commission's lawsuit against Ripple, Chris Larsen, and Brad Garlinghouse. XRP investors have experienced a turbulent period due to the SEC's lawsuit against Ripple. Since December 2020, XRP has dropped from its position as the second largest cryptocurrency by market capitalization to a low of 0.1009 US dollars in March 2020.