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CryptoIntelligence 2024-04-02 02:40:00

XRP Faces Volatility Amid Legal Uncertainties; Ripple and Coinbase Brace for Regulatory Challenges

Over the weekend, XRP experienced a minor setback, decreasing by 1.36% on Saturday and closing the session at $0.6219. This dip reversed the gains from Friday, highlighting the volatile nature of cryptocurrency markets. The decline occurred amidst a backdrop devoid of new developments from the ongoing SEC vs. Ripple litigation, instead reflecting market reactions to a significant court decision involving Coinbase. On Wednesday, a partial victory was recorded for Coinbase in its Motion to Dismiss (MTD) against a lawsuit, but the celebration was muted as the court’s decision also hinted at challenges for Coinbase, Ripple, XRP, and the broader cryptocurrency

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