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XRP Tumbles 21% In Selloff

October 12, 2018 02:00:06

© Reuters. - XRP was trading at $0.38638 by 19:28 (23:28 GMT) on the Index on Thursday, down 21% on the day. It was the largest one-day percentage loss since January 16.

The move downwards pushed XRP's market cap down to $15.61B, or 7.83% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53B.

XRP had traded in a range of $0.38634 to $0.46574 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 26.2%. The volume of XRP traded in the twenty-four hours to time of writing was $760.02M or 4.73% of the total volume of all cryptocurrencies. It has traded in a range of $0.38634 to $0.53257 in the past 7 days.

At its current price, XRP is still down 88.26% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,251.9 on the Index, down 5.85% on the day.

Ethereum was trading at $196.36 on the Index, a loss of 15.25%.

Bitcoin's market cap was last at $108.87B or 54.58% of the total cryptocurrency market cap, while Ethereum's market cap totaled $19.98B or 10.02% of the total cryptocurrency market value.

Category: News

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