XRP Falls 11% In Bearish Trade
Investing.com – was trading at $1.04479 by 19:54 (23:54 GMT) on the Investing.com Index on Saturday, down 10.72% on the day. It was the largest one-day percentage loss since April 16.
The move downwards pushed XRP's market cap down to $48.44840B, or 2.62% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.44071B.
XRP had traded in a range of $1.02325 to $1.17095 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 32.63%. The volume of XRP traded in the twenty-four hours to time of writing was $8.69373B or 5.99% of the total volume of all cryptocurrencies. It has traded in a range of $0.8937 to $1.5627 in the past 7 days.
At its current price, XRP is still down 68.24% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
was last at $50,035.2 on the Investing.com Index, down 2.17% on the day.
was trading at $2,209.20 on the Investing.com Index, a loss of 6.68%.
Bitcoin's market cap was last at $941.50011B or 50.98% of the total cryptocurrency market cap, while Ethereum's market cap totaled $259.19836B or 14.03% of the total cryptocurrency market value.
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