HomeCryptocurrencyXRP price rises by 13% as investors show increased confidence in the...

XRP price rises by 13% as investors show increased confidence in the cryptocurrency market.

XRP Sees Significant Increase in Value

XRP Value Surges

XRP experienced a notable increase in value on Sunday, trading at $0.4897 by 16:35 (20:35 GMT) on the Investing.com Index. This surge of 13.39% marked the largest one-day percentage gain since March 11.

Market Cap and Trading Range

The upward movement pushed XRP’s market cap to $27.0245B, representing 1.16% of the total cryptocurrency market cap. The cryptocurrency traded in a range of $0.4643 to $0.4989 in the previous twenty-four hours, with a peak market cap of $83.4407B.

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Recent Performance and Volume

Over the past seven days, XRP has seen a decrease in value, with a loss of 17.32%. The volume of XRP traded in the last twenty-four hours was $4.0268B, accounting for 2.45% of the total volume of all cryptocurrencies. XRP has traded between $0.4312 and $0.6418 in the past week.

All-Time High and Current Price

Despite the recent increase, XRP is still down 85.12% from its all-time high of $3.29 set on January 4, 2018.

Other Cryptocurrencies

Bitcoin was trading at $64,161.9 on the Investing.com Index, experiencing a 0.84% decrease, while Ethereum saw a 5.80% increase, reaching $3,078.75. Bitcoin’s market cap was $1,261.7353B, accounting for 54.39% of the total cryptocurrency market cap, and Ethereum’s market cap stood at $369.2266B, representing 15.92% of the total market value.

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