XRP's Resilience and Growth Continues Despite Legal Battles and Market Volatility

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Source: CoinDesk
XRP's Resilience and Growth Continues Despite Legal Battles and Market Volatility
Photo: CoinDesk
TL;DR Summary

XRP has gained 39% in March as investors await court rulings in a case between the SEC and Ripple Labs, the company that issued the token. Traders are anticipating a positive outcome for Ripple. Meanwhile, FTX founder Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign-finance violations. Kraken said it will continue operating in Canada and comply with tougher rules set by the country’s financial regulator. Bitcoin's trading volume has diverged from the cryptocurrency's rising price over the past two weeks, weakening the case for an unabated move higher.

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