XRP Price Surges 14.41% Amid Broader Crypto Market Rally
XRP Price Surges 14.41% Amid Broader Crypto Market Rally
XRP experienced a significant price surge, climbing 14.41% to $1.8944 on the Investing.com Index. This marked its largest one-day percentage gain since March 2. The rally pushed XRP's market cap to $110.0167B, representing 4.35% of the total cryptocurrency market cap. Despite this surge, XRP remains 44.21% below its all-time high of $3.40, reached on January 16.
Over the past 24 hours, XRP traded between $1.8615 and $1.9327. However, on a seven-day basis, XRP has declined 10.69%. The 24-hour trading volume for XRP was $12.7797B, accounting for 6.72% of the total cryptocurrency volume.
Broader Market Trends
The broader cryptocurrency market also saw gains, with Bitcoin rising 6.76% to $79,867.9. Ethereum followed suit, gaining 3.32% to $1,591.86. Bitcoin's market cap dominated at $1,582.4424B, representing 62.62% of the total crypto market cap, while Ethereum's market cap stood at $191.5476B, or 7.58% of the total.
This recent rally highlights the volatile yet dynamic nature of the cryptocurrency market, with major coins showing signs of recovery and investor interest.
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