© Reuters. XRP declines 18% in pessimistic market
Investing.com – XRP was trading at $0.51772 at 1:10 p.m. (12:10 GMT) on the Investing.com Index on Wednesday, down 18.06% on the day. This is the largest drop since November 9, 2022.
This bearish movement caused the capitalization of XRP to fall to $33.46332B, or 1.98% of the total capitalization of the cryptocurrency market. At its all-time high, the capitalization of XRP reached $83.44071B.
XRP has moved in a range extending from $0.51772 to $0.63917 over the last 24 hours.
Over the last 7 days, XRP has shown stagnation of only 1.52%. The volume of XRP traded over the last 24 hours reached $1.40463B or 1.92% of the total trading on all cryptocurrencies. It has been moving in a range extending from $0.5177 to $0.6569 over the last 7 days.
At its current price, XRP is trading 84.26% below its all-time high of January 4, 2018 at $3.29.
As for other cryptocurrencies
Bitcoin is trading at $41,359.0 on Investing.com Index, down 6.59% for the day.
Ethereum was trading at $2,128.88 on the Investing.com Index, a drop of 7.56%.
The total capitalization of Bitcoin reached $857.41562B or 50.80% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $277.61190B or 16.45% of the total value of the cryptocurrency market .