Binance secures $73 million in stolen funds amidst crypto market rebound
![BNB](https://editorial.fxstreet.com/miscelaneous/BNBUSDT_2024-08-08_22-01-10-638587323451772087.png)
Ripple (XRP) rallied past key psychological resistance at $0.60, while Bitcoin and Ethereum struggled at key support levels. XRP could extend gains by nearly 20% in response to the Securities & Exchange Commission (SEC) lawsuit ruling.
![JUP/USDT daily chart](https://editorial.fxstreet.com/miscelaneous/JUPUSDT_2024-08-08_18-13-44-638587224973128311.png)
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Cardano slipped out of the top 10 cryptocurrencies by market capitalization on Monday following a bearish signal across several of its on-chain metrics. ADA has largely underperformed in the current cycle compared to other altcoins, considering its price has been on a five-month decline since mid-March.
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Ripple trades at $0.5833 on Monday as the altcoin extends gains and recovers from the crypto market crash in early August. The Ripple stablecoin announcement, the Securities & Exchange Commission vs. Ripple lawsuit ruling and recent research reports published by SBI-owned HashHub are the key market movers for the altcoin this week.
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