XRP Climbs 16% As Investors Gain Confidence

investing.com 08/08/2024 - 20:18 PM

Cryptocurrency Market Update

XRP Performance
Investing.com – As of 16:18 (20:18 GMT) on Thursday, XRP was trading at $0.6188, reflecting a 15.52% increase for the day. This marks the largest one-day percentage gain since August 7.

The upward movement has propelled XRP’s market cap to $34.9202B, accounting for 1.67% of the total cryptocurrency market cap. At its peak, XRP’s market cap reached $83.4407B.

XRP traded within a range of $0.5794 to $0.6408 in the past twenty-four hours. Over the past week, XRP appreciated by 7.07%, with a trading volume of $5.9378B, which is 6.30% of the total cryptocurrency volume. Over the last seven days, its trading range has been $0.4327 to $0.6418.

Despite the recent gains, XRP is still 81.19% below its all-time high of $3.29 from January 4, 2018.

Other Cryptocurrency Updates

  • Bitcoin: Trading at $59,489.1, up 8.02% for the day.
  • Ethereum: Trading at $2,573.74, reflecting a 9.42% increase.

Bitcoin’s market cap currently stands at $1,171.6001B, representing 56.19% of the total cryptocurrency market cap, while Ethereum’s market cap is $310.0187B, accounting for 14.87% of the total cryptocurrency value.




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