Crypto market soars on XRP ruling, Bitcoin hits highest price in 13 months

- Cryptocurrency prices surged higher on Thursday after the judge presiding over the Securities and Exchange Commission’s lawsuit against Ripple Labs ruled that the XRP token is not a security.

Stocks also climbed higher after the latest producer price data provided additional evidence that inflation is cooling, while a strong start to earnings season showed that companies have been performing stronger than analysts expected. At the close of markets, the S&P, Dow and Nasdaq all finished in the positive, up 0.85%, 0.14%, and 1.58%, respectively.

It looks as though the XRP judgment may have given bulls the momentum they needed as BTC hit its highest price since June 2022 on Thursday afternoon, and looks to continue its climb on the back of a growing number of positive developments.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ransomware crimes come back to haunt crypto industry in 2023Ransomware attackers extorted $449 million from victims in the first six months of June, roughly 60% higher than the first half of 2022.
Herkunft: CryptoAmb - 🏆 22. / 68 Weiterlesen »