The native token of the XRP Ledger rose more than 2% on Wednesday while most of the rest of the crypto sector saw steep losses.
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.
“History shows these dips often pave the way for bigger bullish movements, especially with where we are in the market cycle now,” one market watcher said, as some foresee a shaky period in January.
A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.
What can offshore crypto companies practically do to stop Americans from accessing their services – and what do regulators expect them to do?
The move came as U.S. markets opened for trade, suggesting strong demand from American investors.
All we would say here is not to fight this emerging dollar uptrend, ING said.
Even after breaking through $77,000 for the first time, bitcoin’s price looks very likely to keep surging, CoinDesk senior analyst James Van Straten argues.
MicroStrategy and Coinbase both added 12%, with bitcoin miners also gaining more than 10% in pre-market trading.
Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.
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