XRP’s Trading Volume Up Almost 20% Amid Speculation of SEC Settlement
Ripple’s XRP has surged to $0.63, reaching a three-month high, before settling slightly lower. This spike comes amid rumors of a possible settlement between Ripple and the U.S. Securities and Exchange Commission (SEC). The market is abuzz with speculations of a secret meeting scheduled for July 18th, potentially ending the long-standing legal battle.
XRP hits a three-month high of $0.63, reclaiming the $0.6 level. XRP outperforms Bitcoin with a 30% rise in July.
Market rumors suggest a potential settlement between Ripple and the SEC. But Former SEC lawyer Marc Fagel dismisses settlement speculation.
Former SEC lawyer Marc Fagel has downplayed the settlement rumors, noting that similar meetings have taken place without any resolution.
