Price Drop Alert: XRP Plummets 10.12%
XRP Tumbles: XRP took a significant hit, dropping by 10.12% to $0.5485 at 14:34 (18:34 GMT) on Friday. This marks the largest single-day percentage loss since August 17, 2023.
Market Cap Decline: The downward movement pushed XRP’s market cap down to $31.5388B, representing 1.26% of the total cryptocurrency market cap. In contrast, XRP’s market cap once reached a high of $83.4407B.
Trading Range: XRP fluctuated between $0.5422 and $0.6156 within the last twenty-four hours.
Recent Performance: Over the past week, XRP saw a 2.29% decrease in value. The volume of XRP traded in the last day was $1.6027B, accounting for 1.78% of the total cryptocurrency volume. In the last seven days, XRP traded between $0.5422 and $0.6418.
All-Time High: Currently, XRP is 83.33% lower than its peak of $3.29 on January 4, 2018.
Elsewhere in the Crypto World
Bitcoin: Bitcoin fell by 5.10% to $66,619.3 on the Investing.com Index.
Ethereum: Ethereum experienced a 7.56% drop, trading at $3,240.19 on the Investing.com Index.
Market Caps: Bitcoin’s market cap stands at $1,338.2254B (53.53% of the total market cap), while Ethereum’s market cap is $399.5989B (15.99% of the total market value).