About Ripple

Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.

Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.

The Ripple vs. SEC case is getting more interesting, especially with the recent resignation of SEC chair Gary Gensler. Now, there are many possible outcomes, including a settlement or the case being dismissed.

XRP, the native cryptocurrency of Ripple Labs, has experienced a remarkable surge in 2024, gaining over 80% in value in just one week. As of now, the price of XRP stands at approximately $1.42, setting a new yearly high.

Ripple native token XRP is currently at the make-or-break moment with its next move, which could define its future roadmap. Popular trader Credible Crypto believes the token's next move is closely tied to Bitcoin's performance, with both assets sitting at key levels. Meanwhile, there is speculation that XRP's return to its ATH of $3.

XRP price surged further above the $1.45 and $1.50 resistance levels. The price is now consolidating gains near $1.40 and might aim for more upsides.