XRP Falls 10% In Selloff

XRP was trading at $0.5000 by 20:56 (00:56 GMT) on the Investing.com Index on Monday, down 10.15% on the day. It was the largest one-day percentage loss since April 13.

The move downwards pushed XRP's market cap down to $28.6892B, or 1.42% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.4407B.

XRP had traded in a range of $0.5000 to $0.5255 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 14.88%. The volume of XRP traded in the twenty-four hours to time of writing was $1.2686B or 1.57% of the total volume of all cryptocurrencies. It has traded in a range of $0.5000 to $0.6581 in the past 7 days.

At its current price, XRP is still down 84.80% from its all-time high of $3.29 set on January 4, 2018. Elsewhere in cryptocurrency trading

Bitcoin was last at $56,322.5 on the Investing.com Index, down 7.27% on the day.

Ethereum was trading at $2,572.28 on the Investing.com Index, a loss of 11.74%.

Bitcoin's market cap was last at $1,118.0834B or 55.39% of the total cryptocurrency market cap, while Ethereum's market cap totaled $315.7717B or 15.64% of the total cryptocurrency market value.

Source: Investing.com