Ripple Declines 10.02% Amid Bearish Trading

Recent trading data showed that Ripple was valued at $0.26863 around 20:35 (00:35 GMT) on Tuesday, reflecting a decline of 10.02% for the day. This marked the most significant one-day percentage drop since August 8.

As a result of this decline, Ripple’s market capitalization fell to $10.85 billion, representing 5.39% of the overall cryptocurrency market capitalization. At its peak, Ripple’s market cap reached $79.53 billion.

In the previous 24 hours, Ripple’s trading fluctuated between $0.26862 and $0.27671. Over the past week, the cryptocurrency has experienced a substantial decrease in value, losing 33.35%. During the 24-hour period leading up to this report, trading volume for Ripple was approximately $237.57 million, accounting for 1.92% of the total cryptocurrency market volume. In the last seven days, Ripple’s trading range extended from $0.26862 to $0.37836.

Currently, Ripple’s price remains 91.83% lower than its all-time high of $3.29, which was achieved on January 4.

### Other Cryptocurrency Market Updates

In broader cryptocurrency trading, another cryptocurrency was last recorded at $6,185.20, marking a decrease of 2.07% for the day. Additionally, another asset was trading at $270.67, down 17.55%.

Bitcoin’s market capitalization stood at approximately $107.94 billion, making up 53.62% of the total cryptocurrency market cap, while Ethereum’s market cap was around $28.24 billion, accounting for 14.03% of the overall cryptocurrency market value.