XRP Price Analysis: Bullish Momentum Builds with Ripple’s $1.25B Acquisition

The post XRP Price Analysis: Bullish Momentum Builds with Ripple’s $1.25B Acquisition appeared first on Coinpedia Fintech News

As global markets stabilize following eased U.S. trade tensions, Bitcoin (BTC) has spearheaded a bullish recovery in the cryptocurrency sector, with XRP leading altcoins. Optimism stems from anticipated tariff reductions between the U.S. and key partners like the EU, which has begun negotiations to avert a potential recession. Meanwhile, Ripple, the blockchain company behind XRP, is nearing a resolution in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC), boosting investor confidence.

Under the Donald Trump administration, Ripple has gained a friendly regulatory approach from the U.S. SEC. As Coinpedia previously reported, the U.S. SEC, under chair Paul Atkins, has been classified as a payment asset and not a security, thus signaling an imminent end in the long-standing legal battle.

#XRPCommunity #SECGov v. #Ripple #XRP The parties have filed a joint motion to hold the appeal in abeyance based on the parties’ agreement to settle. The settlement is awaiting Commission approval. No brief will be filed on April 16th. pic.twitter.com/OVKPCIh43H