Coin

<ul class="news-points"> 
 <li>XRP’s price surged after a U.S. judge ruled in favor of Ripple Labs, stating no violation of securities law.</li> 
 <li>The ruling boosted the altcoin market, easing regulatory concerns about token classification.</li> 
 <li>The overall crypto market is currently experiencing a decline, with XRP also losing value recently.</li> 
</ul> 
<a href="https://coinedition.com/tag/xrp-news/" rel="noopener noreferrer nofollow">XRP</a> experienced a significant price increase following a US judge’s ruling on July 13. The ruling stated that Ripple Labs’ sales of the token on public exchanges did not violate securities law. Following this, XRP’s market cap rose from $25 billion to $36 billion, and its crypto market share increased from 2% to 3.5%, according to CoinMarketCap. 
This ruling had broader implications for the altcoin market, which includes cryptocurrencies other than Bitcoin. <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/" rel="noopener noreferrer nofollow">The victory for Ripple</a> provided some relief to the altcoin sector, as many tokens were under regulatory scrutiny to determine if they should be classified as more tightly-regulated securities. 
Analysts, such as Matteo Greco from Fineqia International, considered this ruling a significant milestone for the altcoin sector. They believe that since XRP was not considered a security, it is unlikely that many oth… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-leads-crypto-market-charge-is-this-the-start-of-a-bull-run/">XRP Leads Crypto Market Charge: Is This the Start of a Bull Run?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Leads Crypto Market Charge: Is This the Start of a Bull Run?

Coin Edition

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