XRP Rises 10% in Rally

XRP was trading at $0.5834 at 11:05 AM, marking an increase of 10.20% for the day. This represented the largest single-day percentage gain since July 13.

This upward movement elevated XRP’s market capitalization to approximately $32.36 billion, constituting about 1.38% of the total cryptocurrency market cap. Previously, XRP’s market cap peaked at $83.44 billion.

Within the last 24 hours, XRP experienced trading fluctuations, ranging from $0.5330 to $0.5835.

In the past week, XRP’s value has risen significantly, with an increase of 34.16%. The trading volume for XRP over the 24 hours preceding this report stood at $2.85 billion, accounting for 2.95% of the total trading volume across all cryptocurrencies. During the last week, XRP traded between $0.4316 and $0.5835.

Currently, XRP is still down 82.27% from its all-time high of $3.29, achieved on January 4, 2018.

In other cryptocurrency news, Bitcoin was last priced at $63,896.90, reflecting a 1.09% increase for the day. Ethereum was trading at $3,418.21, showing a gain of 1.36%.

Bitcoin’s market capitalization was approximately $1.26 trillion, representing 53.77% of the overall cryptocurrency market cap, while Ethereum’s market cap was around $410.65 billion, making up 17.53% of the total cryptocurrency market value.