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XRP Plunges 30% In Bearish Trade

Published 12/22/2020, 04:43 PM
© Reuters.  XRP Plunges 30% In Bearish Trade
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Investing.com - XRP was trading at $0.40482 by 16:42 (21:42 GMT) on the Investing.com Index on Tuesday, down 30.01% on the day. It was the largest one-day percentage loss since March 12.

The move downwards pushed XRP's market cap down to $20.29022B, or 3.12% of the total cryptocurrency market cap. At its highest, XRP's market cap was $31.58403B.

XRP had traded in a range of $0.40482 to $0.52150 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 7.19%. The volume of XRP traded in the twenty-four hours to time of writing was $13.83536B or 7.50% of the total volume of all cryptocurrencies. It has traded in a range of $0.4048 to $0.6586 in the past 7 days.

At its current price, XRP is still down 87.70% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $23,406.6 on the Investing.com Index, up 1.16% on the day.

Ethereum was trading at $623.53 on the Investing.com Index, a gain of 2.31%.

Bitcoin's market cap was last at $436.30804B or 66.99% of the total cryptocurrency market cap, while Ethereum's market cap totaled $71.40015B or 10.96% of the total cryptocurrency market value.

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