Bitcoin, Ethereum, and XRP Surge Following SEC Decision

Published at 2025-05-11 20:08:05

On March 19, 2025, the cryptocurrency market experienced a remarkable surge, with Bitcoin (BTC) rising 3.6% to $84,577, Ethereum (ETH) jumping 8.8% to $2,047, and XRP witnessing the most notable increase at 12.6%, reaching $2.52. This rally was predominantly fueled by the U.S. Securities and Exchange Commission (SEC) concluding its lengthy lawsuit against Ripple, the company behind XRP.

Ripple’s CEO, Brad Garlinghouse, hailed this decision as a "resounding victory" for both the company and the entire cryptocurrency sector. The resolution has sparked optimism among investors and has instigated significant trading activity across leading cryptocurrency exchanges.

For those looking to invest in digital currencies, platforms like Bitlet.app are worth consideration. They offer a unique Crypto Installment service, enabling users to acquire cryptocurrencies now and pay in manageable monthly payments, thus providing a convenient way to partake in this vibrant market without the immediate financial burden.

Share on:

Related news

How Ethereum ETFs Could Propel Bitcoin to $200,000: Insights from Gryphon Digital Mining CEO

Rob Chang, CEO of Gryphon Digital Mining, predicts that the approval of Ethereum ETFs could trigger significant price surges for both Ethereum and Bitcoin, potentially pushing Bitcoin above $200,000. This outlook underscores a bullish future for the cryptocurrency market.

Nano Labs Invests $50 Million in Binance Coin, Aiming for 10% Total Supply

Nano Labs has made a significant investment of $50 million in Binance Coin (BNB), as part of their larger plan to accumulate up to 10% of BNB's total supply. This move reflects their strong confidence in the future of BNB.

Long-Term Bitcoin Holders Show Patience, Indicating Potential for Higher Prices

Despite recent selling pressures, long-term Bitcoin holders remain patient, with persistent long-term supply hinting at higher future price targets. Bitlet.app provides innovative ways to engage with Bitcoin investment through crypto installment services, making it easier for users to buy and hold Bitcoin over time.