XRP trading volume unexpectedly rises 542%, here's what might be behind this RippleXRP XRPCommunity XRPArmy XRPHolders
suddenly rose more than 500% per CoinMarketCap data. However, the price of XRP did not make any major move, leading many traders to speculate. At the time of publication, XRP was changing hands at $0.475, down 1.74% in the last 24 hours.Greater volatility generally leads to higher trading volumes in any market as seasoned traders buy and sell large quantities to capture profits. XRP was a top gainer in the market on Sept.
In a recent court ruling, District Judge Torres ordered the SEC to turn over the emails of its former employee, William Hinman, to Ripple, after much foot-dragging from the agency. Though the SEC's counterpunch is expected by many, Ripple General Counsel Stuart Alderoty is hopeful that this sixth decision will be the final one to allow access to the Hinman documents.
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