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Ripple Disputes SEC’s Demand for $2B in Settlement Plan, XRP Price Leads Altcoins Recovery

Ripple Labs-backed XRP led the top altcoins in a bullish recovery as Bitcoin (BTC) price briefly rose above $67K in the past 24 hours. According to the latest market data, XRP price traded around 55 cents on Tuesday during the early London session, up about 3 percent in the last 24 hours. The large-cap altcoin, with a fully diluted valuation (FDV) of about $54.8 billion, had a daily average traded volume of about $1.56 billion.

XRP Whales on a Buying Spree

Following the fourth Bitcoin halving over the weekend, cryptocurrency whales have shifted focus to XRP. Furthermore, the XRP price is on the cusp of historical bull run if history repeats itself.

According to market data provided by market intelligence platform Santiment, the number of XRP wallets with at least 1 million coins in balance has surged 3.1 percent in the past six weeks.

🐳 The price of #XRP has jumped ahead of the License.

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