XRP drops 10% in liquidation
Investing.com – XRP was trading at $0.61308 at 04:52 (0852 GMT) on the Investing.com Index on Friday, down 10.13% on the day. It was the largest one-day percentage loss since August 17, 2023.
The downward move pushed XRP's market capitalization to $34.26829 billion, or 1.33% of the total cryptocurrency market capitalization. At its highest point, XRP's market capitalization was $83.44071 million.
XRP had traded in a range of $0.61308 to $0.67515 in the previous twenty-four hours.
Over the past seven days, XRP has seen stagnation in its value as it only moved 0.37%. The volume of XRP traded in the twenty-four hours as of this writing was $4.22679 billion or 2.12% of the total volume of all cryptocurrencies. It has traded in a range of $0.5857 to $0.7435 in the last 7 days.
At its current price, XRP is still 81.37% below its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last trading at $67,213.7 on the Investing.com index, down 8.35% on the day.
Ethereum was trading at $3,669.77 on the Investing.com index, a loss of 7.77%.
Bitcoin's market capitalization last stood at $1,330.99334 billion or 51.57% of the total cryptocurrency market capitalization, while Ethereum's market capitalization rose to $444.07782 billion dollars or 17.21% of the total value of the cryptocurrency market.