XRP Falls 20% In Rout

XRP Falls 20% In Rout

Investing.com - XRP was trading at $1.12938 by 00:56 (04:56 GMT) on the Investing.com Index on Thursday, down 19.83% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed XRP's market cap down to $39.48115B, or 2.37% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.44071B.

Our top trading bots

XRP had traded in a range of $0.91194 to $1.14816 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 16.57%. The volume of XRP traded in the twenty-four hours to time of writing was $21.23161B or 5.37% of the total volume of all cryptocurrencies. It has traded in a range of $0.8754 to $1.6998 in the past 7 days.

At its current price, XRP is still down 65.67% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $39,336.6 on the Investing.com Index, down 2.98% on the day.

Ethereum was trading at $2,538.35 on the Investing.com Index, a loss of 13.34%.

Bitcoin's market cap was last at $735.49623B or 44.23% of the total cryptocurrency market cap, while Ethereum's market cap totaled $292.94521B or 17.62% of the total cryptocurrency market value.

Read on here Investing.com
Price analysis 1/14: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins are facing selling at higher levels and buying on dips, indicating the possibility of a range formation. On-chain...
Binance Labs backs $200M Oasis Ecosystem Fund
Binance Labs, the venture capital (VC) arm of the Binance cryptocurrency exchange, announced Tuesday that it will contribute to Oasis Foundation’s $200...
Crypto rally lifts ether to new record, bitcoin to near 3-week high
SYDNEY (Reuters) -Bitcoin rallied toward its all-time high on Monday and ether climbed to a fresh record as cryptocurrencies rode a wave of momentum, flows,...
Inflation fears or ETF driving Bitcoin price? The Market Report is live with Big Cheds
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news...
Just another bubble? Bitcoin price tops follow Chinese debt cycles, new research shows
Bitcoin (BTC) may be hitting new all-time highs, but it may just be another bubble, new research suggests.Unveiling a theory that could well rile Bitcoin...
Australian crypto businesses tell Senate inquiry about being de-banked up to 91 times
Crypto-related companies and figures have provided evidence about being de-banked by Australian financial institutions to a Senate inquiry. Crypto investment...
Major hotel in Swiss Alps now allows crypto payments
After four years of debate, a five-star hotel in a luxurious area of the Swiss Alps is prepared to accept Bitcoin (BTC)  and Ether (ETH) as payment from...
China's attempt to kill Bitcoin failed — Here are 3 reasons why
Bitcoin (BTC) might have suffered its largest coordinated attack over the last couple of months, but in this instance, the investor community did not capitulate....
Crypto ads no longer allowed on TikTok
TikTok announced on Friday that certain types of ads would no longer be allowed on their platform. Crypto-based promotional content was included among the...
Iran pauses electricity exports due to crypto mining and hot summer
Iran’s challenge with the ever-increasing electricity consumption has reached new heights, leading the country to halt electricity exports.Abuzer Salihi,...
Ukrainian e-bank plans to offer Bitcoin trading in July
As the Ukrainian government progresses with cryptocurrency-related legislation, a major local e-bank is preparing to launch a debit card featuring Bitcoin...
Binance served warning by Japan’s FSA for operating without authorization
Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan.On Friday, the Financial Services Agency (FSA) issued...
Tributes and conspiracy theories swirl in wake of John McAfee’s death
The reported suicide of notorious tax fugitive, Bitcoin proponent, and antivirus software pioneer, John McAfee, has prompted an outpouring of tributes and...
Biden’s capital gains tax plan to pull crypto down to earth from the moon?
There are often multiple causes for an asset’s sharp decline, but Bitcoin’s (BTC) 10% “nosedive,” which took place on April 22, may be blamed on the Biden...
Bitcoin Fees Go Down as Wallet Providers Embrace Segwit
Bitcoin opponents often resort to blaming this cryptocurrency for its clumsiness and congestion at its blockchain which leads to high transaction fees....