Published by
Benzinga
Benzinga
Major cryptocurrencies experienced a decline on Sunday evening following an unexpected rally in crypto prices last week, which was triggered by a favorable ruling in the Ripple-SEC case. What Happened: Last week was already bustling with scheduled economic data releases, but things got even more exciting with the XRP-led altcoin rally. Ripple Labs’ XRP token experienced a sharp rise this week when courts declared that the sale of XRP tokens on exchanges and through algorithms does not constitute investment contracts. This ruling had a significant impact, with XRP surging 73% after the announce…