XRP News: Lawyer Says Ripple Coin Defies Bitcoin Trend Amid SEC Case Update

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Ripple‘s Triumph: Is XRP the New King of Crypto? 🥳💰

In the latest twist of fate, the legal sage Bill Morgan has cast a spotlight on the Ripple coin, which, like a phoenix rising from the ashes, has surged amidst the tumultuous waves of the SEC case. Our dear CEO, Brad Garlinghouse, has made a proclamation that the US Securities and Exchange Commission (SEC) will abandon its appeal in the Ripple Vs SEC saga. And lo and behold, XRP’s price has soared by over 11%, boldly defying the gloomy clouds hanging over Bitcoin‘s market trend. Who knew a little legal drama could spark such a rally? 🎭

Ah, but let us not forget the grand stage of cryptocurrency! While Bitcoin languishes in its bearish slumber, Ripple dances joyfully in the sunlight. Even with the likes of Donald Trump establishing a Strategic Bitcoin Reserve, Bitcoin’s price remains stuck around $85k, like a stubborn mule refusing to budge. 🐴

XRP News: Ripple Coin Surges Amid SEC Lawsuit Update

In a recent post on X, our legal oracle Bill Morgan shared his musings on the delightful turn of events for XRP. He pointed out the stark contrast between Ripple’s native crypto and Bitcoin, with XRP rallying 11% on the SEC lawsuit developments while BTC remains mired in its bearish pit. Talk about a plot twist! 📉➡️📈

“XRP is outperforming bitcoin across multiple time intervals,” Morgan declared, as if he were announcing the winner of a high-stakes race. In the ongoing rivalry between Bitcoin maximalists and XRP enthusiasts, Morgan’s keen observation juxtaposes Ripple’s impressive gains with Bitcoin’s unfortunate dump. It’s like watching a racehorse leave a tortoise in the dust! 🐢💨

What Pushes XRP Price Up?

Recently, our fearless leader Brad Garlinghouse took to X to unveil a groundbreaking revelation in the drawn-out Ripple SEC lawsuit. In a post that reached a staggering 9.6 million viewers, Garlinghouse announced the SEC’s decision to drop its appeal in the XRP case. He triumphantly declared:

This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build.

And just like that, XRP’s price skyrocketed by more than 11%, reaching $2.5655. As of this very moment, Ripple’s native asset is trading at $2.44, marking a 6.74% increase over the last 24 hours. Not too shabby, eh? The token even experienced a 9.33% hike over the past week, despite a 4% dip in the monthly chart. Talk about resilience! 💪

XRP Defies Bitcoin’s Bearish Trend: Key Insights

In a significant revelation, Bill Morgan contrasted XRP’s recent bullish rally with Bitcoin’s indifferent response to notable developments. Just recently, President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve, igniting a flicker of hope. Yet, Bitcoin remained as stagnant as a pond in the summer heat. 🌞

In stark contrast, Ripple’s coin exhibited a robust performance in response to Garlinghouse’s statements. As Morgan pointed out, “XRP has even dragged bitcoin up in price.” Bitcoin, which was wallowing around a low of $83k, managed to hit $87,427, thanks to XRP’s sudden uptrend. As of now, Bitcoin is trading at $85,850, up a mere 3.15% over the past day. Not exactly a thrilling comeback! 😴

Will This Bullish Track Continue?

As the community revels in Ripple’s monumental victory in the SEC lawsuit, the crypto seems poised to reach new heights. Technical analyst Gert van Lagen predicts that Ripple’s native asset will continue its bullish rally, asserting that it will ascend in a parabolic shape. His ambitious target? A staggering $38! 🚀

Another prominent analyst, ALLINCRYPTO, has set his sights on $19 as the Ripple vs SEC lawsuit draws to a close. He also predicts that 2025 will be a bullish year for Ripple’s coin and the broader crypto market. Fingers crossed! 🤞

Meanwhile, market expert Egrag Crypto has identified XRP as one of the best-performing cryptocurrencies over the past two years. According to his findings

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2025-03-20 11:47