Cryptocurrencies Rise Following Ripple's Court Victory

Reported 2 months ago

Major cryptocurrencies saw an upward trend as Ripple Labs Inc. was ordered to pay a $125 million penalty, a decision interpreted as a legal win against the SEC. Bitcoin surged over 4.5% to exceed $57,600, while Ether climbed nearly 5%. Despite this rebound, both cryptocurrencies remain below their previous week's levels due to heightened market concerns stemming from global economic issues and tensions in the Middle East.

Source: YAHOO

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