XRP Rises 10.07% Amidst Bullish Trading Activity, According to Investing.com

Investing.com – On Sunday at 12:42 (12:42 GMT), XRP experienced a significant surge, trading at $0.6044 on the Investing.com Index, representing a robust increase of 10.07% for the day. This spike marked the most substantial single-day percentage escalation since August 7.

Due to this uptick, XRP’s market capitalization swelled to $33.9850B, which amounts to 1.78% of the entire cryptocurrency market capitalization. Earlier, XRP’s market cap peaked at a formidable $83.4407B.

In the past 24 hours, the trading range for XRP spanned from $0.5557 to $0.6044.

Throughout the previous week, XRP has witnessed appreciating value, evidenced by a gain of 18.81%. During the period leading up to the time of this report, XRP saw $2.2899B in trade volume, which constitutes 0.96% of the total trade volume across all cryptocurrencies. Last week, its trading value fluctuated between $0.4959 and $0.6044.

While XRP’s current valuation reflects an 81.63% decrease from its historic peak of $3.29 reached on January 4, 2018, it remains a notable figure within the market.

Other Developments in the Cryptocurrency Market

Bitcoin’s latest position was at $79,420.0 according to the Investing.com Index, climbing 4.04% within the day.

On the same index, Ethereum registered a value of $3,189.78, showing an ascent of 5.03%.

At this juncture, Bitcoin’s total market capitalization stood at $1,570.6046B, which is 82.45% of the cumulative cryptocurrency market cap, whereas Ethereum secured a market cap totaling $384.4963B, representing 20.18% of the aggregated market value of cryptocurrencies.