Coinbase Suspends XRP Trading, Ripple’s Fall Could Be Good For Bitcoin

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Coinbase Suspends XRP Trading, Ripple’s Fall Could Be Good For Bitcoin

A broad sell-off in cryptocurrencies was led by XRP Tuesday as Coinbase announced it would suspend trading of the Ripple-affiliated token amid trouble with the U.S. Securities Exchange Commission. This could nevertheless be good news for bitcoin, according to ARK Invest Analyst Yassine Elmadra.

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