XRP Jumps 20% in a Matter of Hours Amid SEC's Latest Setback in Ripple Lawsuit

The sixth-largest crypto asset by market cap, XRP, is rallying amid Ripple Labs scoring a win in court in a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). XRP surged approximately 20% amid a court ruling ordering the SEC to produce documents Ripple intends to use as evidence.