Ripple holders mull lawsuit outcome after SEC enforcement lead steps down XRP trades in the red on Tuesday as Ripple holders are awaiting developments in the US Securities and Exchange Commission’s lawsuit against the firm with the case drawing to a close. The overall direction of the legal battle could be about to change as David Hirsh, the US regulator's enforcement lead for the crypto unit, stepped down from his position last week.
However, BTC seems supported by the 1-day to 1-week UTXO Age Bands, and other on-chain data indicates a significant easing of Fear Of Missing Out and a recent sell-side liquidity sweep, hinting at a possible bottoming out of BTC's price. Data from CryptoQuant's UTXO Realized Price Age Distribution metric includes a set of realized prices along with age bands.
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