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Positive legal outcomes, including Ripple’s CEO and Executive Chairman being cleared of SEC charges and prior partial court wins, have fueled XRP’s performance.
Ripple’s native crypto – XRP – has soared by approximately 8% in the past day and over 4% in the last hour to reach a fresh two-month peak of around $0.58 . XRP’s ongoing price rise could also be attributed to the overall crypto market revival that has reigned lately. Bitcoin recently reached the $35,000 level on expectations that the SEC is one step away from approving BlackRock’s application to introduce a spot BTC ETF in America.
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