XRP Surges 6% as SEC-Ripple Drama Unfolds, Bitcoin Struggles to Stay Above $27K

Bitcoin has experienced another retracement, falling below $27,000 after failing to continue its upward trajectory and being stopped at $27,500. Meanwhile, altcoins like Ether (ETH) and Binance Coin (BNB) are also slightly down. XRP is the only exception, with notable price gains following the digital asset’s victory in a legal battle against the SEC. Interestingly, Bitcoin‘s recent volatility culminated with a price drop to a two-month low of $25,800 on Friday before rebounding over the weekend. However, lower trading volumes have resulted in the inability to continue moving upwards, leading to another minor retracement. Daily declines were evident for some larger-cap altcoins like Solana and Chainlink, while Litecoin and Dogecoin saw slight gains. The total crypto market cap is also down, losing around $10 billion in a day and valued at $1.120 trillion.

J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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