XRP jumps 8% above $2 as traders bet on a friendlier SEC

XRP surged by 8% to surpass the $2 mark as traders reacted positively to the prospect of a more favorable stance from the SEC towards cryptocurrencies. This price increase follows recent developments in the ongoing legal battle between Ripple Labs and the SEC, which has raised hopes for a potential resolution. Market sentiment has shifted, with investors optimistic about regulatory clarity that could benefit XRP and the broader crypto market. Analysts suggest that continued momentum could lead to further gains if the SEC's approach remains supportive.

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