XRP was trading at $0.22223 by 09:11 (14:11 GMT) on the Index on Friday, down 10.32% on the day. It was the largest one-day percentage loss since September 24.
The move downwards pushed XRP's market cap down to $9.89826B, or 5.06% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53400B.
XRP had traded in a range of $0.22221 to $0.24569 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 13.71%. The volume of XRP traded in the twenty-four hours to time of writing was $1.86614B or 1.89% of the total volume of all cryptocurrencies. It has traded in a range of $0.2222 to $0.2659 in the past 7 days.
At its current price, XRP is still down 93.25% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,818.5 on the Index, down 15.78% on the day.
Ethereum was trading at $139.25 on the Index, a loss of 21.48%.
Bitcoin's market cap was last at $127.30404B or 65.07% of the total cryptocurrency market cap, while Ethereum's market cap totaled $15.68635B or 8.02% of the total cryptocurrency market value.
