XRP News Today: Crypto Market Slump Hits XRP – US Election and SEC Appeal Weigh In
US Presidential Election jitters drove 10-year US Treasury yields higher, impacting demand for riskier assets, including crypto. Falling bets on a December Fed rate cut contributed to the crypto market pullback.
Elon Musk and the XRP Ledger
On Wednesday, the crypto community continued discussing recent comments by Elon Musk regarding XRP Ledger. Responding to a question regarding Financial institutions using XRPL in the future, the Tesla (TSLA) CEO said,
“This is definitely not an endorsement or lack of endorsement for XRP, but I do think crypto, by its very nature, helps with individual freedom.”
As Ripple prepares for a lengthy battle with the SEC in the US appellate courts, the company continues pushing for bipartisan support…
