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Ripple Falls 10.08% In Bearish Trade

August 11, 2018 02:58:24

© Reuters.

Ripple was trading at $0.31606 by 17:55 (21:55 GMT) on the Index on Friday, down 10.08% on the day. It was the largest one-day percentage loss since August 8.

The move downwards pushed Ripple's market cap down to $12.58B, or 5.89% of the total cryptocurrency market cap. At its highest, Ripple's market cap was $79.53B.

Ripple had traded in a range of $0.31551 to $0.34585 in the previous twenty-four hours.

Over the past seven days, Ripple has seen a drop in value, as it lost 27.3%. The volume of Ripple traded in the twenty-four hours to time of writing was $234.12M or 1.83% of the total volume of all cryptocurrencies. It has traded in a range of $0.31551 to $0.44439 in the past 7 days.

At its current price, Ripple is still down 90.39% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,105.6 on the Index, down 7.87% on the day.

Ethereum was trading at $327.83 on the Index, a loss of 12.71%.

Bitcoin's market cap was last at $105.81B or 49.50% of the total cryptocurrency market cap, while Ethereum's market cap totaled $33.65B or 15.74% of the total cryptocurrency market value.

Category: News

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