XRP Price Surges Above $2 Amid Speculation on SEC Policy Shift
The price of XRP has experienced a notable surge, jumping 8% to surpass $2, according to reports. This increase is attributed to speculation among traders regarding a potential shift towards more crypto-friendly policies within the Securities and Exchange Commission (SEC). The perceived catalyst for this shift is the departure of SEC Commissioner Caroline Crenshaw, which some market participants believe could pave the way for a more favorable regulatory environment for cryptocurrencies. The development has sparked optimism within the XRP trading community.
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