XRP Climbs 20% As Investor Confidence Grows

By 12:03 (16:03 GMT) on Saturday, XRP’s price was about $1.21485, a 20.03% jump on that day. This is the highest the cryptocurrency has gained since May 24.

The shift upwards drove XRP’s market cap to $56.24880B, which accounts for about 2.83% of the total crypto market cap. The highest market cap it’s reached before is $83.44071B.

XRP had been trading in the range of $1.07095 to $1.22518 in the past one day. Over the last one week, XRP has registered an increment in its value by 50.45%.

The total amount of XRP that’s been traded in the last 24 hours to the time of press writing is $9.78179. This is equivalent to 8.57% of the total volume of all the digital currencies. In the last one week, XRP’s price has been trading between $0.7606 and $1.2252.

At its present price, XRP has still decreased by 63,07% from the record-breaking high of $3.29, which was registered on January 4, 2018.

In other news, Bitcoin is trading at $45,921.02, a slight decrease of 1.06% from the past 24 hours.

Ethereum, on the other hand, is trading at $3,164.92, which is a 1.65% increase within the last 24 hours.

Bitcoin’s market cap had last reached $882.15259B, which translates to 44.35% of the whole crypto market cap. Ethereum’s market cap total was $383.13882B, which equates to 19.26% of the value of the whole digital currency market.

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