Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Malam90 on February 01, 2021, 01:27:01 PM
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XRP has more than reversed the late December drop prompted by an SEC lawsuit against Ripple with a rally to two-month highs.
Payments-focused cryptocurrency XRP jumped to over two-month highs on Monday.
The move more than reversed the late-December price slide triggered by legal troubles at the San Francisco-based payment protocol developer Ripple Labs, which has close ties to the digital asset.
XRP (+19.78%) rose to a high of $0.6836 during the European trading hours, its highest level since Nov. 25, extending the weekend’s rally from $0.27 to $0.50, according to CoinDesk 20 data. As a result, the cryptocurrency has replaced tether (USDT, -0.1%) stablecoin as the third-largest cryptocurrency by market value. Source Link (https://www.coindesk.com/xrp-erases-sec-led-drop-as-supporters-pump-price-over-0-60)