CryptoXRP Drops 10% on Sunday, Still Up 33% Over the Week

XRP Drops 10% on Sunday, Still Up 33% Over the Week

XRP saw a significant decline on Sunday, falling by 10.23% to $1.3871 as of 06:57 (11:57 GMT), marking its largest one-day percentage loss since April 13. This drop pushed XRP’s market capitalization down to $79.6069 billion, or 2.40% of the total cryptocurrency market cap, from a peak of $84.0622 billion.

In the past 24 hours, XRP traded between $1.3809 and $1.5113, with a 24-hour trading volume of $10.7416 billion, representing 5.34% of the total cryptocurrency volume. Despite the recent setback, XRP has gained 33.01% over the past week, fluctuating between $1.0540 and $1.6292 during that period.

At its current price, XRP remains 57.84% below its all-time high of $3.29, which was reached on January 4, 2018.

Other Major Cryptocurrencies’ Performance

In broader cryptocurrency trading, Bitcoin was last recorded at $97,326.3, down 1.15% on the day. Ethereum was trading at $3,345.55, down 0.27%.

Bitcoin’s market cap stood at $1.929 trillion, or 58.23% of the total cryptocurrency market cap, while Ethereum’s market capitalization was $403.7719 billion, or 12.19% of the total market value.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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