Ripple Foundation vs. SEC lawsuit drawn by Midjourney's paid version.
Bybit Exchange Ripple 15-Minute Chart.
This chart shows the Ripple coin chart on the Bybit exchange, not the Bitcoin chart. In December 2020, the US SEC sued the Ripple Foundation, accusing it of violating securities laws. Since then, Ripple's price has been fluctuating, depending on the outcome of the lawsuit. It is unclear whether the SEC or the Ripple Foundation will win the lawsuit, but regardless of the outcome, the market is likely to be volatile. There is a concern that if the SEC wins, the Ripple coin, which has been rising by 10-20%, may plummet. Although the Ripple Foundation is expected to appeal the decision if they lose the case, we have seen many "unlikely" situations in the cryptocurrency market, such as the LUNA and USTC coins, FTX's FTT coin, and SVB's Cash Bank Run. As an individual investor, I would prefer Ripple to win the lawsuit and see Bitcoin and other coins soar. However, the cryptocurrency market is always high-risk and requires careful attention to market changes and fast news reading.