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Bitcoin (BTC-USD) changed hands in the red in Friday mid-afternoon trading, erasing all of its gains from Thursday’s huge rally, as attention turned to altcoins after Ripple Labs scored a long-awaited victory in court.
The digital token slid 4.2% to $30.05K at 4:24 p.m. ET, after reaching as high as $31.7K in the prior session, when a U.S. District Court judge ruled that Ripple’s XRP (XRP-USD) is not a security in terms of sales to the general public.
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