Recent days have seen significant events in the cryptocurrency community regarding the Ripple vs. SEC case, Bitcoin price fluctuations, and XRP predictions.
Speculations on Ripple and SEC
The XRP community has been alarmed by rumors that the final decision in the Ripple vs. SEC case could be delayed until late 2026. However, pro-XRP attorney Bill Morgan dismissed these rumors, stating that such an outcome is unlikely unless Judge Torres rejects the current joint request. According to him, the most probable scenario is that both parties will accept the summary judgment. The court is currently awaiting a filing from the SEC due by mid-August.
CZ's Opinion on Bitcoin Prices
Changpeng Zhao, former CEO of Binance, reacted to recent market movements, claiming that any price decline before a new all-time high should be seen as a dip. He emphasized that only a small number of strong coins with 'long-term staying power and growth potential' are likely to reach new highs. Currently, Bitcoin is trading at $105,635, up 3.53% over the past 24 hours.
Peter Brandt's XRP Price Prediction
Legendary analyst Peter Brandt indicated that a classic head and shoulders pattern may be forming on XRP's weekly chart. He stated that if traders dismiss the April 7 price spike as an anomaly, it could indicate a classic topping formation. XRP is currently trading at $2.18, up 8.50% over the past 24 hours.
The cryptocurrency market remains highly dynamic, with news surrounding Ripple, Bitcoin, and XRP forecasts underscoring the volatility and uncertainties that make it interesting to watch.