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Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'

By Omkar Godbole at 2025-02-01 20:05

Sentiment: Positive

If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies (altcoins) and subject them to stringent supervision. The market, however, expects Ripple to win after CFTC on Monday classified bitcoin as commodity. Continue reading...

Categories: Markets

Tags: #Ripple #SEC #Ripple Labs #Lawsuit #Altcoins

Source CoinDesk