XRP Falls 14% In Rout
Investing.com – was trading at $0.71549 by 17:35 (22:35 GMT) on the Investing.com Index on Wednesday, down 13.77% on the day. It was the largest one-day percentage loss since September 7, 2021.
The move downwards pushed XRP’s market cap down to $35.97719B, or 1.75% of the total cryptocurrency market cap. At its highest, XRP’s market cap was $83.44071B.
XRP had traded in a range of $0.71549 to $0.83655 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 9.3%. The volume of XRP traded in the twenty-four hours to time of writing was $1.76815B or 1.75% of the total volume of all cryptocurrencies. It has traded in a range of $0.7155 to $0.8638 in the past 7 days.
At its current price, XRP is still down 78.25% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
was last at $42,553.4 on the Investing.com Index, down 7.81% on the day.
was trading at $3,427.23 on the Investing.com Index, a loss of 10.19%.
Bitcoin’s market cap was last at $815.90173B or 39.73% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $415.74056B or 20.24% of the total cryptocurrency market value.
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