XRP Falls 10% In Rout

XRP was trading at $0.5871 by 11:42 (15:42 GMT) on the Investing.com Index on Thursday, down 10.06% on the day. It was the largest one-day percentage loss since April 13.

The move downwards pushed XRP's market cap down to $32.9948B, or 1.46% of the total cryptocurrency market cap. At its highest, XRP's market cap was $83.4407B.

XRP had traded in a range of $0.5870 to $0.6300 in the previous twenty-four hours.

Over the past seven days, XRP has seen a drop in value, as it lost 4.68%. The volume of XRP traded in the twenty-four hours to time of writing was $2.0005B or 2.45% of the total volume of all cryptocurrencies. It has traded in a range of $0.5854 to $0.6581 in the past 7 days.

At its current price, XRP is still down 82.16% from its all-time high of $3.29 set on January 4, 2018. Elsewhere in cryptocurrency trading

Bitcoin was last at $62,966.0 on the Investing.com Index, down 5.14% on the day.

Ethereum was trading at $3,121.23 on the Investing.com Index, a loss of 5.44%.

Bitcoin's market cap was last at $1,241.6910B or 54.94% of the total cryptocurrency market cap, while Ethereum's market cap totaled $374.6719B or 16.58% of the total cryptocurrency market value.

Source: Investing.com