The price of ripple (XRP) has barely moved today amid a stagnant market, with its current level of USD 0.336641 representing a 0.5% fall in the last hour and a 0% move in a day. At the same time, it's down by a very modest 0.3% in a week, up by 2.5% in a fortnight, and down by 10% in the last 30 days.
These are hardly awe-inspiring movements for a cryptocurrency that happens to be the seventh-biggest by market cap, yet crypto also happens to find itself in hardly awe-inspiring macroeconomic conditions at the moment. Global stock markets have fallen in the face of negative inflation data, while Ripple continues to fight a nearly two-year-long legal battle with the Securities and Exchange Commission in the US, something which conspires to keep XRP's price suppressed.
Nonetheless, hope for a long-awaited end to this legal case has increased in the past 24 hours, after the presiding US court approved joint scheduling proposals concerning the redaction of parts of key SEC documents. When...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...