Daily updates on foreign exchange news

XRP Falls 10% In Selloff

 XRP was trading at $0.60289 by 19:04 (00:04 GMT) on the Index on Wednesday, down 10.11% on the day. It was the largest one-day percentage loss since November 26.

The move downwards pushed XRP's market cap down to $27.78955B, or 4.96% of the total cryptocurrency market cap. At its highest, XRP's market cap was $31.58403B.

XRP had traded in a range of $0.60289 to $0.61137 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 11.54%. The volume of XRP traded in the twenty-four hours to time of writing was $16.97790B or 7.27% of the total volume of all cryptocurrencies. It has traded in a range of $0.4593 to $0.6795 in the past 7 days.

At its current price, XRP is still down 81.68% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $18,627.7 on the Index, down 5.75% on the day.

Ethereum was trading at $580.89 on the Index, a loss of 6.03%.

Bitcoin's market cap was last at $348.97660B or 62.30% of the total cryptocurrency market cap, while Ethereum's market cap totaled $66.75437B or 11.92% of the total cryptocurrency market value.

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Dec 2, 2020