© Reuters. XRP is down 10% on the short
Investing.com – XRP was trading at $0.42638 by 15:30 (19:30 GMT) on the Investing.com benchmark on Wednesday, down 10.11% on the day. It was the largest one-day percentage loss since November 9, 2022.
The downward move pushed the market cap of XRP to $21.79318 billion, or 1.89% of the total cryptocurrency market cap. At its highest, the market cap of XRP was $83.44071 billion.
XRP has been trading in a range from $0.42015 to $0.47470 in the past 24 hours.
Over the past seven days, XRP has seen an increase in value, gaining 17.73%. The volume of XRP traded in the twenty-four hours to the time of writing was $4.10604 billion or 6.41% of the total volume of all cryptocurrencies. It has been trading in a range between $0.3566 and $0.4927 in the past seven days.
At its current price, XRP is still down 87.04% from its all-time high of $3.29 on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $27,534.3 on the Investing.com Index, down 2.03% on the day.
Ethereum was trading at $1,749.52 on the Investing.com Index, losing 2.25%.
Bitcoin’s market cap was last at $532.36001 billion or 46.16% of the total cryptocurrency market cap, while Ethereum’s total market cap was $214.63786 billion or 18.61% of the total cryptocurrency market cap.