TechFlow News, according to The Block on December 24, citing sources saying that after the U.S. Securities and Exchange Commission filed a lawsuit against Ripple, high-frequency trading firm Jump Trading and crypto investment bank Galaxy Digital have ceased market-making for XRP. Jump Trading informed relevant parties it will no longer provide liquidity for XRP. Meanwhile, Galaxy Digital has suspended XRP trading until further notice. XRP continues to decline, dropping below $0.22 at one point. As of now, the price stands at $0.26, down 41% over the past 24 hours.
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