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XRP News Today: XRP Hits $3 as SEC Appeal Filing Looms; BTC Strikes $100K
Key Points:
XRP crosses $3 for the first time since 2018, driven by optimism over SEC appeal challenges in the Ripple case.
Trumpās SEC overhaul could boost XRP prospects, with experts predicting policy changes in favor of innovation.
XRP's price trajectory hinges on SEC's appeal strategy, with $3.55 highs possible if the agency withdraws its brief.
XRP Hits $3 Ahead of SEC Opening Brief Filing
On January 15,Ā XRPĀ surged above $3 for the first time since 2018, reflecting positive confidence ahead of the SECās last-minute appeal-related opening brief filing. The rally underscores market sentiment that the SEC may struggle to overturn rulings in theĀ SEC vs. Ripple case.
Recent court decisions have reprimanded the SECās enforcement tactics, suggesting a shift in attitudes towards the agencyās ongoing assault on crypto firms. The SEC could face a similar reception in its high-stakes battle to overturn the Programmatic Sales of XRP ruling.