XRP, along with the broader cryptocurrency market, witnessed a significant decline in prices today, as bearish pressure gripped the digital asset. This downward trend has raised concerns among XRP enthusiasts and experts, who are closely analyzing the recent price movements. Bill Morgan, a lawyer and devoted XRP enthusiast, has drawn attention to a compelling observation that draws parallels between the current price drop and a previous significant event. Morgan has pointed out that the recent plummet in XRP’s price bears an uncanny resemblance to the downward spiral witnessed after Judge Torres issued her summary judgment ruling back in July. It’s worth noting that XRP’s price had initially surged to as high as $0.549 on Oct. 3, following Judge Torres’ decision to deny the appeal request my by the Securities and Exchange Commission. XRP has now almost entirely lost the the gains from the recent Torres decision on the SEC’s motion for an interlocutory appeal as it previously almost entirely lost the gains from the summary judgment decision in July pic.twitter.com/Zloa3bcPMD — bill ..
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