HomeCryptocurrencyXRP's value drops by 10% in market sell-off, reflecting a decrease in...

XRP’s value drops by 10% in market sell-off, reflecting a decrease in investor confidence in the cryptocurrency.

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.

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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.

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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).

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