XRP Sees Significant Surge Amidst Broader Cryptocurrency Market Fluctuations
Key Highlights
XRP surged by 10.08% to $0.48411, marking its largest one-day gain since September 22. This upward movement boosted its market cap to $23.53821B, representing 2.49% of the total cryptocurrency market cap.
Market Performance
XRP's price fluctuated between $0.42761 and $0.48417 in the past 24 hours. Despite this recent gain, XRP has dropped 2.05% over the past week and remains 85.29% below its all-time high of $3.29 set on January 4, 2018. The 24-hour trading volume for XRP was $2.31861B, accounting for 3.31% of the total cryptocurrency volume.
Broader Market Context
Bitcoin slightly decreased to $19,512.5, while Ethereum dropped to $1,337.97. Bitcoin's market cap stands at $373.50430B, representing 39.55% of the total market, with Ethereum's market cap at $163.88343B or 17.35% of the total cryptocurrency market value.
What is Coinefficiency?
Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.
Why Use Coinefficiency?
- Advanced market analytics to identify trading opportunities.
- Compare markets relative performance.
- Understand market cycles over time. See market levels.
- Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.
With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.
Get Started with Coinefficiency
Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.