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Ripple Dips Below 0.29663 Level, Down 13.75%

CryptocurrencyAug 11, 2018 01:10AM ET
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Investing.com - Ripple fell bellow the $0.29663 level on Saturday. Ripple was trading at 0.29663 by 01:10 (05:10 GMT) on the Investing.com Index, down 13.75% on the day. It was the largest one-day percentage loss since April 25.

The move downwards pushed Ripple's market cap down to $12.00B, or 5.70% of the total cryptocurrency market cap. At its highest, Ripple's market cap was $79.53B.

Ripple had traded in a range of $0.29663 to $0.31958 in the previous twenty-four hours.

Over the past seven days, Ripple has seen a drop in value, as it lost 30.68%. The volume of Ripple traded in the twenty-four hours to time of writing was $262.37M or 2.02% of the total volume of all cryptocurrencies. It has traded in a range of $0.29663 to $0.43673 in the past 7 days.

At its current price, Ripple is still down 90.98% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,036.9 on the Investing.com Index, down 6.65% on the day.

Ethereum was trading at $314.96 on the Investing.com Index, a loss of 14.53%.

Bitcoin's market cap was last at $105.72B or 50.24% of the total cryptocurrency market cap, while Ethereum's market cap totaled $32.52B or 15.45% of the total cryptocurrency market value.

Ripple Dips Below 0.29663 Level, Down 13.75%
 

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