The post Why XRP Price is Up Today? appeared first on Coinpedia Fintech News
January 15 is a very crucial date for the legal battle between Ripple and the US Securities and Exchange Commission. It is the deadline for the regulator to file its opening brief in its appeal against Judge Torres’s ruling. The situation has created several sensational media headlines. Some have triggered serious discussions on whether the SEC would proceed with its appeal or not.
The XRP community appears sharply divided, with some speculating the possibility of abandoning the appeal and others forecasting the probability of it proceeding. Anyway, the ongoing discussions on XRP have benefited the market extensively. In the last 24 hours alone, the market has grown by 12%, outperforming almost all the top ten cryptos. Time to analyse the scenario a little deeper. Ready?
XRP Overview: What’s Happening in the Market
At the start of the year, the price of XRP was at $2.08. Since then, the m
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