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XRP price fails to ignite recovery as SEC enforcement director leaves post

Published 01/14/2021, 06:31 AM
Updated 01/14/2021, 08:20 AM
XRP price fails to ignite recovery as SEC enforcement director leaves post

The XRP (XRP) price remained relatively unmoved on Thursday, Jan. 14, even as the broader cryptocurrency market ignited a recovery that saw over $150 billion flood back into the global market cap.

Earlier this week the United States Securities and Exchange Commission announced the impending departure of Marc P. Berger, the commission’s Acting Director of the Division of Enforcement. The outgoing director was in office for the commencement of the SEC's $1.3 billion lawsuit against Ripple Labs.

XRP/USD daily price chart. Source: CoinMarketCap.com

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