Ripple and SEC Agreement Impacting XRP Price Movement

Wednesday, 20 March 2024, 09:13

The agreement between Ripple and SEC on keeping the remedies-related briefs under seal has caused a dip in the XRP price, dropping below the psychological support level at $0.60. This development signals uncertainty in the market and highlights the ongoing legal challenges faced by Ripple and XRP investors.
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Ripple and SEC Agreement Impacting XRP Price Movement

Impactful Agreement between Ripple and SEC

The recent agreement between Ripple and the Security and Exchange Commission (SEC) to keep remedies-related briefs under seal is creating waves in the financial market.

XRP Price Falls Below $0.60

The XRP price experienced a significant decline, dropping below its psychological support level at $0.60 following the announcement.

This development reflects the ongoing legal battles faced by Ripple and XRP as they navigate regulatory challenges and uncertainties.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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