XRP Falls 10% In Selloff

Investing.com – XRP was trading at $0.5485 by 14:34 (18:34 GMT) on the Investing.com Index on Friday, down 10.12% on the day. It was the largest one-day percentage loss since August 17, 2023.

The move downwards pushed XRP’s market cap down to $31.5388B, or 1.26% of the total cryptocurrency market cap. At its highest, XRP’s market cap was $83.4407B.

XRP had traded in a range of $0.5422 to $0.6156 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 2.29%. The volume of XRP traded in the twenty-four hours to time of writing was $1.6027B or 1.78% of the total volume of all cryptocurrencies. It has traded in a range of $0.5422 to $0.6418 in the past 7 days.

At its current price, XRP is still down 83.33% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $66,619.3 on the Investing.com Index, down 5.10% on the day.

Ethereum was trading at $3,240.19 on the Investing.com Index, a loss of 7.56%.

Bitcoin’s market cap was last at $1,338.2254B or 53.53% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $399.5989B or 15.99% of the total cryptocurrency market value.

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