XRP price drops 10% in bear market trading
If you’ve been keeping an eye on XRP, you might have noticed a bit of a dip recently. XRP was trading at $1.3871, down 10.23% on the day. This marks the largest one-day percentage loss since April 13. The drop in price has brought XRP’s market cap down to $79.6069B, accounting for 2.40% of the total cryptocurrency market cap. At its peak, XRP’s market cap reached $84.0622B.
In the past 24 hours, XRP has been trading in a range of $1.3809 to $1.5113. Over the last week, however, XRP has seen a rise in value, gaining 33.01%. The volume of XRP traded in the last 24 hours was $10.7416B, which represents 5.34% of the total volume of all cryptocurrencies. In the past 7 days, XRP has been trading between $1.0540 and $1.6292.
Despite these fluctuations, XRP is still down 57.84% from its all-time high of $3.29 set on January 4, 2018. In other cryptocurrency news, Bitcoin was last seen at $97,326.3, down 1.15% on the day, while Ethereum was trading at $3,345.55, experiencing a loss of 0.27%.
Bitcoin’s market cap stands at $1,928.5785B, comprising 58.23% of the total cryptocurrency market cap, while Ethereum’s market cap totals $403.7719B, making up 12.19% of the total cryptocurrency market value.
It’s always interesting to see how these digital currencies ebb and flow. Stay tuned for more updates on the exciting world of cryptocurrency!