Why is XRP price up today? By Cointelegraph

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© Reuters.

(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.

XRP immediately reached $0.55, but subsequently gave away part of the gains on Oct. 4.

XRP token 4-hour index price, USD. Source: TradingView
XRP futures open-interest weighted funding rate, 8-hour. Source: Coinglass