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" $XRP News Today: Ripple's Stablecoin and SEC Appeal Raise Market Concerns for XRP "
By: Bob Mason
Updated: Oct 20, 2024, 06:01 GMT+00:00
*Key Points:
- XRP fell 0.58% amid speculation surrounding the SEC appeal, approaching the $0.50 mark as legal uncertainties affect market sentiment.
- Ripple's stablecoin launch faces regulatory challenges.
- A pro-crypto attorney believes Ripple will prevail in its SEC appeal.
**XRP Update**
On October 19, XRP saw a 0.58% decline, reversing a 0.62% loss from the previous day, closing at $0.5442. This drop contrasted with a slight gain of 0.14% in the broader crypto market, which now totals a market cap of $2.297 trillion.
By: Bob Mason
Updated: Oct 20, 2024, 06:01 GMT+00:00
*Key Points:
- XRP fell 0.58% amid speculation surrounding the SEC appeal, approaching the $0.50 mark as legal uncertainties affect market sentiment.
- Ripple's stablecoin launch faces regulatory challenges.
- A pro-crypto attorney believes Ripple will prevail in its SEC appeal.
**XRP Update**
On October 19, XRP saw a 0.58% decline, reversing a 0.62% loss from the previous day, closing at $0.5442. This drop contrasted with a slight gain of 0.14% in the broader crypto market, which now totals a market cap of $2.297 trillion.
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