XRP Tumbles 20% In Bearish Trade

XRP Tumbles 20% In Bearish Trade

May 17, 2019

XRP was trading at $0.39531 by 22:38 (02:38 GMT) on the Index on Friday, down 20.20% on the day. It was the largest one-day percentage loss since January 16, 2018.

The move downwards pushed XRP's market cap down to $17.01418B, or 6.99% of the total cryptocurrency market cap. At its highest, XRP's market cap was $79.53400B.

XRP had traded in a range of $0.39531 to $0.42271 in the previous twenty-four hours.

Over the past seven days, XRP has seen a rise in value, as it gained 35.76%. The volume of XRP traded in the twenty-four hours to time of writing was $4.35757B or 3.90% of the total volume of all cryptocurrencies. It has traded in a range of $0.2993 to $0.4780 in the past 7 days.

At its current price, XRP is still down 87.98% from its all-time high of $3.29 set on January 4, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,710.0 on the Index, down 7.27% on the day.

Ethereum was trading at $249.56 on the Index, a loss of 8.36%.

Bitcoin's market cap was last at $138.03686B or 56.70% of the total cryptocurrency market cap, while Ethereum's market cap totaled $26.86194B or 11.03% of the total cryptocurrency market value.

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