XRP Plummets to Largest Daily Loss Since March Amid Crypto Market Downturn
XRP's Sharp Decline
XRP experienced a substantial 10.51% drop on Tuesday, reaching $1.9390, its largest one-day loss since March 3. This downturn reduced its market cap to $117.4173B, representing 4.59% of the total cryptocurrency market. Over the past 24 hours, XRP traded between $1.9390 and $2.0480.
Weekly Performance and Volume
Over the past seven days, XRP has declined 15.82%, with its price ranging from $1.9390 to $2.6432. In the last 24 hours, $7.9717B worth of XRP was traded, accounting for 5.58% of the total cryptocurrency volume. Currently, XRP is 42.89% below its all-time high of $3.40, reached on January 16.
Bitcoin and Ethereum's Struggles
Bitcoin fell 5.33% to $76,950.7, while Ethereum dropped 10.85% to $1,815.65. Bitcoin's market cap stands at $1,557.7083B, dominating 60.84% of the crypto market, followed by Ethereum at $225.3009B, representing 8.80% of the total market value.
The cryptocurrency market continues to face volatility, with major coins like XRP, Bitcoin, and Ethereum experiencing significant price fluctuations.
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