#đ Market Analysis.
A series of positive news has triggered market growth - BTC has once again approached its local high at $30,000, and XRP surged by 11% in just a few hours.
âĄïž The main news: SEC has dropped all charges against Ripple. Essentially, we are witnessing a regulator's capitulation on all fronts. More and more companies are getting favorable judgments - Coinbase, Grayscale, iShares, and now Ripple.
This is indeed significant. The American crypto sector has withstood regulatory pressure, and it was precisely this pressure that was one of the main reasons for the prolonged correction.
đź Bull market on the horizon?
#SEC #xrp #cryptonews #analysis #etf #crypto
