XRP sinks in the red, down 10%

XRP sinks in the red, down 10% XRP sinks in the red, down 10%

Investing.com - XRP was trading at $0.61308 at 15:52 (08:52 GMT) according to the Investing.com Index on Friday, down 10.13% on the day. This is the strongest decrease in a day since August 17, 2023.

This bearish move pulled XRP's capitalization down to $34.26829B, equivalent to 1.33% of the total cryptocurrency market capitalization. The highest capitalization that XRP has ever achieved is $83.44071B.

XRP fluctuated between $0.61308 and $0.67515 over the past 24 hours.

During the previous week, XRP had stagnated, and was only fluctuating. The trading volume of XRP within 24 hours until this news was released was $4.22679B, equivalent to 2.12% of the total trading volume of the cryptocurrency market. XRP fluctuated between $0.5857 and $0.7435 over the previous 7 days.

Based on current prices, XRP is still down 81.37% from its all-time high of $3.29, on January 4, 2018.

Other cryptocurrencies

Bitcoin is trading at $67,251.1 according to Investing.com Index, down 8.35% on the day.

Ethereum was trading at $3,672.88 according to the Investing.com Index, down 7.77%.

The capitalization of the Bitcoin cryptocurrency is recorded at $1,330.99334B, equivalent to 51.57% of the total cryptocurrency market capitalization, while the capitalization of Ethereum is $444.07782B, equivalent to 17.21% of the total cryptocurrency market capitalization.

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