Weekly Crypto Roundup: Updated 17 July 2024

In the past week, the cryptocurrency market has experienced notable fluctuations, with some assets showing significant gains while others faced declines. XRP (XRP) leads the pack with a massive 29.19% increase. This spike could be influenced by favorable legal developments in the ongoing Ripple-SEC lawsuit and increased utility of XRP (XRP) in cross-border payments. On the other hand, Uniswap (UNI) saw the largest decline among the tracked cryptocurrencies, falling by 12.15%. Specific to Uniswap (UNI), there are ongoing discussions about regulatory challenges that decentralized exchanges may face, which can influence investor sentiment and impact the token’s price negatively​.

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