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XRP Today's news: Ripple case has been going on for four years; BTC is hovering below $95,000
Key points:
XRP is the most serious case in four years of litigation by the US Securities and Exchange Commission, with a price of up to $2.9070, and the imminent appeal decision will determine its future.
The anniversary of the SEC's lawsuit against Ripple 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, causing BTC to fall below $95,000.
The U.S. Securities and Exchange Commission v. Ripple case has been 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 period of turmoil due to the SEC's case against Ripple. Since December 2020, XRP has dropped from its position as the second largest market cap to a low of $0.1009 in March 2020.