XRP price decline to the psychologically important level of $0.50 becomes likely as the altcoin drops to $0.53 on Monday. XRP holders are anticipating the Securities and Exchange Commission’s (SEC) next move. Attorney Bill Morgan states that the regulator will likely be strongly motivated to appeal Judge Analisa Torres’ July ruling in the SEC v. Ripple lawsuit.
Lido DAO (LDO) price has been trading sideways between the $2.55 and $4.04 range. But the recent bounce suggests LDO could be ready for a move to the upside.
The recent developments surrounding Uniswap’s fee switch proposal have stirred the crypto market sentiments. With fees being distributed to the holders of the underlying platform’s tokens, many investors are speculating if more decentralized exchanges (DEX) and automated market makers (AMM) will follow suit.
The crypto market settles at a $2 trillion cap level, up 0.8% on the day. Altcoins are once again driving growth, while the first coin is flat, losing 0.5% in 24 hours, and Ethereum is up 2.5%. BNB adds just under 2%, enjoying a resurgence of interest in cryptocurrency trading. XRP and Cardano both lose 1%, dragging the market back down.