Ripple Climbs 10.03% in Rally

Investing.com reported that a cryptocurrency, trading at $0.31699 by 09:16 (13:16 GMT) on Friday, experienced a significant increase of 10.03% for the day. This marked the largest single-day percentage gain since April 20.

The upward movement raised Ripple’s market capitalization to $12.52 billion, accounting for 5.84% of the total cryptocurrency market cap. Historically, Ripple’s market cap reached a peak of $79.53 billion.

In the previous 24 hours, Ripple traded between $0.29113 and $0.32012. Over the past week, however, Ripple has seen a decline in value, losing 5.7%. The trading volume over the last 24 hours was $324.26 million, representing 2.25% of the total cryptocurrency trading volume. Over the past seven days, it fluctuated between $0.24706 and $0.32012.

At its current price, Ripple remains down 90.37% from its all-time high of $3.29, achieved on January 4.

In other cryptocurrency exchanges, one digital asset was last priced at $6,500.3, showing an increase of 2.94% for the day, while another asset traded at $299.79, reflecting a gain of 4.19%.

Bitcoin’s market capitalization stood at $112.00 billion, making up 52.29% of the total cryptocurrency market cap, while Ethereum’s market cap was recorded at $30.44 billion, which is 14.21% of the overall cryptocurrency market value.