During the week of September 7 to 13, the cryptocurrency market showed significant signals that could influence the behavior of key assets such as XRP and Bitcoin. At the same time, the legal dispute between Coinbase and the U.S. Securities and Exchange Commission (SEC) intensified, with relevant regulatory implications for the crypto ecosystem.

Current Situation and Outlook for XRP

XRP, the cryptocurrency linked to Ripple, has shown technical signals suggesting a possible rebound toward recent highs, near $3.60. This potential rise occurs in a context of moderate volatility in the global cryptocurrency market, as investors analyze regulatory news and overall sentiment.

Technical analysis indicates that, if certain indicators are confirmed, XRP could retest important resistance levels, which would represent a significant bullish move for this digital asset, which has faced regulatory scrutiny in recent years.

Legal Dispute Between Coinbase and the SEC

In parallel, Coinbase filed a legal motion requesting a hearing to address the investigation conducted by the SEC’s Office of the Inspector General. This investigation revealed that the SEC deleted nearly a full year of text messages from Gary Gensler, the former chairman of the agency, and other senior officials, which has been described as an avoidable mistake.

The motion demands that the SEC publicly explain why it did not conduct a thorough search of its records, including Gensler’s text messages and those of other top officials, in response to various Freedom of Information Act (FOIA) requests during 2023 and 2024.

This development reflects an escalation in the tension between a key U.S. exchange and the main regulator, with potential consequences for transparency and the handling of investigations within the crypto sector.

Impact on Bitcoin, Ethereum, and Other Cryptocurrencies

The possible rebound of Bitcoin comes after a period of sideways consolidation. Experts note that the leading cryptocurrency may be preparing for a significant move, which could generate volatility in the crypto market as a whole.

Meanwhile, Ethereum and other altcoins could indirectly benefit from greater activity and confidence in the market. However, they remain subject to regulatory and technological factors that can affect their performance.

• Bitcoin: Possible bullish breakout after consolidation.
• Ethereum: Positive impact tied to network upgrades and market dynamics.
• Altcoins: Greater volatility and speculative opportunities.

Regulatory Aspects and Their Influence on the Crypto Market

The legal dispute between Coinbase and the SEC highlights the complexity of the regulatory environment in the United States for cryptocurrencies and exchanges. The deletion of internal communications by the SEC raises questions about transparency and rigor in investigations, a key factor for investor confidence.

Moreover, this situation could set precedents for how regulators handle information requests and internal oversight, aspects that affect risk perception and institutional adoption of crypto assets.

In general terms, regulatory pressure remains a determining factor for the evolution of the crypto market, impacting everything from individual projects to the operations of major platforms and exchanges.

Conclusion

During the week of September 7 to 13, XRP showed promising signals to reach levels close to $3.60, while Bitcoin may be preparing for a significant move after a period of sideways trading. The legal dispute between Coinbase and the SEC underscores the regulatory tensions that continue shaping the crypto ecosystem.

These developments are relevant for investors and analysts, as they can influence both price behavior and the regulatory structure surrounding cryptocurrencies in the short term.