CryptoETHXRP Soars 11% in One Day, Bitcoin and Ethereum Also Post Gains

XRP Soars 11% in One Day, Bitcoin and Ethereum Also Post Gains

XRP experienced a notable 11.26% surge on Wednesday, trading at $1.4982 by 11:01 (16:01 GMT) on the Investing.com Index. This marked its largest one-day percentage gain since November 22. The rise in price pushed XRP’s market capitalization to $85.55 billion, accounting for 2.58% of the total cryptocurrency market cap. At its peak, XRP’s market cap had reached $84.06 billion.

In the last 24 hours, XRP traded between $1.3547 and $1.5057, reflecting strong price movement. Over the past week, XRP has gained 33.9%, with a 24-hour trading volume of $7.82 billion, or 3.97% of the total cryptocurrency market volume. Over the past seven days, XRP has fluctuated between $1.0797 and $1.6292.

Despite this recent rally, XRP remains 54.46% down from its all-time high of $3.29, set on January 4, 2018.

Bitcoin and Ethereum Also See Gains

Bitcoin traded at $95,640.70, up 3.03% on the day, with its market cap standing at $1.896 trillion, or 57.20% of the total cryptocurrency market cap.

Ethereum, meanwhile, was priced at $3,559.44, reflecting a 7.93% gain. Ethereum’s market cap stood at $428.94 billion, making up 12.94% of the overall crypto 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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