XRP News Today: Appeal Drama Sparks Volatility Ahead of Key Deadline
The SEC has five Commissioners appointed by the US President. The departure of Chair Gensler and Democrat Commissioners Caroline Crenshaw and Jaime Lizarraga could pave the way for pro-crypto-appointed Commissioners. President-elect Trump will unlikely nominate Commissioners supporting the SEC’s regulation through enforcement mantra.
However, XRP may need the SEC to officially withdraw its appeal to break out from its current ranges. XRP failed to hit a new all-time high despite broader crypto market trends following the US Presidential Election. The token’s price action underscores the weight of the pending case on investor sentiment.
XRP Price Outlook: Risks and Opportunities
XRP price trends hinge on the SEC’s actions. A…
