Bitcoin (BTC) is trading at approximately $89,750, amidst a fluctuating market environment. Meanwhile, XRP Coin is experiencing significant challenges, highlighting the diverse dynamics within the cryptocurrency landscape.

Experts indicate that political developments, particularly those related to Trump’s election, may have a profound impact on the cryptocurrency market. The outcome could influence ongoing lawsuits involving major cryptocurrency firms such as Coinbase, Binance, and Ripple.

The involvement of high-profile companies in these legal battles underscores the complex interactions between the political sphere and the crypto industry.