Why is XRP price up today? By Cointelegraph

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(XRP) price is up today following news that Federal District Judge Analisa Torres of the Southern District of New York ruled against the United States Securities and Exchange Commission’s contention that XRP is a security.

Shortly after the ruling became public, XRP price rose more than 75% to a 1-year high of $0.93 as market participants viewed the ruling as a bullish sign for XRP.

XRP/USDT price. Source: TradingView