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XRP Sees Significant Surge, Bitcoin and Ethereum Show Mixed Results

XRP experiences its largest one-day gain since February, while Bitcoin and Ethereum show mixed movements in the cryptocurrency market.
Published on 2022-09-17

XRP Sees Significant Surge

XRP experienced a notable surge, trading at $0.36221 as of 09:21 (13:21 GMT) on Saturday. This marked a 10.08% increase, representing its largest one-day percentage gain since February 25. The upward movement pushed XRP's market cap to $17.92182B, accounting for 1.86% of the total cryptocurrency market cap.

XRP's Market Position

XRP traded within a 24-hour range of $0.34648 to $0.36251. Over the past seven days, its value remained relatively stagnant, with only a 1.19% movement. Despite the recent surge, XRP remains 88.99% below its all-time high of $3.29, reached on January 4, 2018.

Weekly Trading Volume

The 24-hour trading volume for XRP was $1.34660B, representing 2.25% of the total cryptocurrency volume. Over the past week, XRP's price ranged from $0.3219 to $0.3625, indicating moderate volatility.

Bitcoin and Ethereum Performance

Bitcoin was last trading at $19,854.6 on the Investing.com Index, showing a 0.85% increase. Its market cap stood at $380.52639B, representing 39.51% of the total cryptocurrency market cap. Ethereum, however, saw a 2.10% decline, trading at $1,423.85. Its market cap was $174.53341B, or 18.12% of the total cryptocurrency market value.

The cryptocurrency market continues to show mixed movements, with XRP's recent surge standing out amid broader market fluctuations.

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