XRP Price Dips Below $0.50 Mark, Eyes Key Support Amid Market Sell-Off

Quick Summary:

There has been no shift in the status quo of the ongoing legal dispute between Ripple and the US Securities and Exchange Commission (SEC), yet institutional investors are becoming more interested in XRP.

At the time of writing, XRP is trading at $0.4982, down 2.46% in the last 24 hours as per data from CMC.

There seems to be a shift in viewpoint within the sector, as seen by the increasing backing from prominent financial players.

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Article Details

Author / Journalist: Nayazunissa

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Editors News Investing News Xrp Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 16:51:17 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 318 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 11 words per sentence (average)

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Copyright Owner: © TheNewsCrypto

News ID: 23388705

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