Ripple's XRP token has risen sharply in price. What is the reason
The XRP cryptocurrency grew by 8% per day, surpassing Bitcoin in growth rates
The dynamics of the XRP cryptocurrency rate are largely determined by investor expectations surrounding the lawsuit between the issuer of the token company Ripple and the SEC
The SEC's review of the position in the lawsuit regarding the Binance cryptocurrency exchange affected the rate of Ripple's XRP cryptocurrency. Over the past 24 hours, XRP has grown by more than 7%, breaking the ¢64 mark for the first time since the end of March.
According to Coindesk, traders attribute this rapid rise in price to news surrounding the lawsuit between the US Securities and Exchange Commission (SEC) and the Binance cryptocurrency exchange.
$XRP
The XRP cryptocurrency grew by 8% per day, surpassing Bitcoin in growth rates
The dynamics of the XRP cryptocurrency rate are largely determined by investor expectations surrounding the lawsuit between the issuer of the token company Ripple and the SEC
The SEC's review of the position in the lawsuit regarding the Binance cryptocurrency exchange affected the rate of Ripple's XRP cryptocurrency. Over the past 24 hours, XRP has grown by more than 7%, breaking the ¢64 mark for the first time since the end of March.
According to Coindesk, traders attribute this rapid rise in price to news surrounding the lawsuit between the US Securities and Exchange Commission (SEC) and the Binance cryptocurrency exchange.
$XRP
