XRP Price Plummets Despite Hinman Emails and Crypto Expert Predictions
TL;DR Summary
XRP's price fell 8.5% in a day, erasing gains made earlier this week, as the Federal Reserve's latest interest rate decision caused a sudden sell-off in digital asset markets. The SEC sued Ripple in 2020 alleging that the firm sold unregistered securities, namely XRP. XRP rallied earlier this week amid the release of emails from William Hinman, former director of SEC’s Division of Corporation Finance, but the sudden downturn in prices suggests that traders are still uncertain about the outcome of the lawsuit.
- XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit CoinDesk
- XRP bleeds $3 billion from its worth in 24 hours as token price crashes Finbold - Finance in Bold
- XRP Drops 5% as Markets Digest Hinman Documents, SEC Court Case Decrypt
- Why Hinman's Emails Matter to Ripple's SEC Case and XRP's Price CoinDesk
- XRP to the moon? Crypto expert predicts potential surge to $0.80 Finbold - Finance in Bold
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