SEC Momentum Over? XRP Erases All Gains Charted After Ripple’s Landmark Court Victory

Over the past few weeks, XRP has erased all gains it gathered due to Ripple Labs’ partial victory in its lawsuit with the U.S. Securities and Exchange Commission (SEC), leading to speculations that the SEC-induced momentum may be over.

The cryptocurrency has lost more than 44% of its gains since the landmark ruling and continued in instability amid a massive sell-off and weak investors’ confidence.