Because of the lawsuit, many western crypto exchanges have restricted trading in XRP, but that hasn't stopped investors from purchasing the cryptocurrency on less regulated exchanges, according to Coindesk.
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XRP traded up as much as 26% on Tuesday, hitting a high of $1.10. But despite the recent surge, XRP is still 70% off its 2018 high of $3.31, which coincided with the multi-year top in bitcoin and other cryptocurrencies like ethereum and litecoin.
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