XRP price jumps to $0.62 while Ripple faces pressure from two legal battles
03/01/2024 10:14:51 GMT| By Ekta Mourya
XRP price climbed to a local peak of $0.62 on Thursday and corrected to $0.59 early on Friday.
The Zakinov v. Ripple Labs class action lawsuit has a trial scheduled for April 15, 2024.
Key dates in Ripple’s ongoing legal battle with the SEC and class action lawsuit coincide, making April crucial for XRP holders.
XRP price inched closer to its 2024 high, rallying past the $0.62 level on Thursday. The altcoin was hit by a correction, however, which pulled it back down to the $0.59s early Friday.
Ripple, a cross border payment remittance firm is currently embroiled in a legal battle with the Securities and Exchange Commission (SEC) and a class action lawsuit filed by XRP holders
