Ripple's XRP token punctured the gloom in digital-asset markets by jumping the most in about seven weeks after investors interpreted a court ruling as favorable for the crypto payments company
’s blockchain ecosystem, jumped the most in about seven weeks after investors interpreted a court ruling as favorable for the crypto payments company.
The coin rose as much as 8.6% and was trading at about 46 US cents at 12:45 p.m. in Singapore on Wednesday. Wider crypto markets were subdued, with Bitcoin and a gauge of the top 100 digital assets both little changed.
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