Cryptocurrency News

XRP Falls 11% In Rout

2022.05.14 14:52

XRP Falls 11% In Rout
XRP Falls 11% In Rout

Investing.com – XRP was trading at $0.40606 by 07:35 (11:35 GMT) on the Investing.com Index on Saturday, down 10.68% on the day. It was the largest one-day percentage loss since May 11.

The move downwards pushed XRP’s market cap down to $19.69042B, or 1.59% of the total cryptocurrency market cap. At its highest, XRP’s market cap was $83.44071B.

XRP had traded in a range of $0.40374 to $0.44069 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 32.13%. The volume of XRP traded in the twenty-four hours to time of writing was $2.20116B or 2.18% of the total volume of all cryptocurrencies. It has traded in a range of $0.3366 to $0.5829 in the past 7 days.

At its current price, XRP is still down 87.66% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $28,904.1 on the Investing.com Index, down 5.16% on the day.

Ethereum was trading at $1,978.10 on the Investing.com Index, a loss of 6.30%.

Bitcoin’s market cap was last at $552.14511B or 44.57% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $239.50171B or 19.33% of the total cryptocurrency market value.

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