The cryptocurrency market was active last week, with its total value hovering around $1.14 billion. Bitcoin price followed a volatile trend and tested $28,000 after rising above $27,000. However, the real news was the lawsuit between Ripple and the US Securities and Exchange Commission (SEC). Judge Analisa Torres rejected the SEC's appeal and ruled that secondary sales of XRP did not constitute an investment contract. This decision led to an increase in the value of XRP. 🚀📈
Other major news of the week included the prediction that Bitcoin will reach $750,000 in 2023, the discovery of Alameda's secret backdoor before FTX's collapse, and the 234 ETH hack attack on Friend.Tech. It will be interesting to see what the market offers next week.


