India, Feb. 6 -- Cryptocurrencies traded in a subdued manner, slipping close to a percent in the past 24 hours amidst a legal setback for Ripple Labs in its dispute with the Securities and Exchange Commission.
Overall crypto market capitalization dropped to $1.64 trillion, versus $1.65 trillion a day earlier.
6th ranked XRP(XRP) slipped 0.30 percent in the past 24 hours to trade at $0.5031. XRP has shed 5.7 percent in the past week, 11.2 percent over the past 30 days and 27.6 percent over the past 90 days. The cryptocurrency issued by Ripple Labs is the highest-ranking cryptocurrency to trade with losses over the past 90 days.
XRP's price movement comes amidst a legal setback for Ripple Labs in its legal dispute with the SEC. The SEC had...