Ripple Secures Major Victory, Bitcoin Soars to $28K: This Week’s Crypto Recap

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To say that the past seven days were eventful would be an understatement. The cryptocurrency market saw a lot of important developments, and its total capitalization now hovers around $1.14 billion.

Unfortunately, the bulls were unable to maintain the pressure, and the bears took control, pushing the price back toward $27K in the following days. It has been a back-and-forth since, but just a few hours ago, the price shot up to $28K again, and it’s now trying to break above this pivotal level on its way to $30K.The case between Ripple and the United States Securities and Exchange Commission is ongoing.

This is easily one of the most interesting lawsuits, and it’s also amongst the most important ones for the industry as a whole.

 

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