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Ripple Falls 10.74% In Bearish Trade

Investing.com - Ripple was trading at $0.32478 by 18:58 (22:58 GMT) on the Investing.com Index on Saturday, down 10.74% on the day. It was the largest one-day percentage loss since August 18.

The move downwards pushed Ripple's market cap down to $12.92B, or 6.05% of the total cryptocurrency market cap. At its highest, Ripple's market cap was $79.53B.

Ripple had traded in a range of $0.31339 to $0.36987 in the previous twenty-four hours.

Over the past seven days, Ripple has seen a rise in value, as it gained 7.19%. The volume of Ripple traded in the twenty-four hours to time of writing was $469.43M or 3.34% of the total volume of all cryptocurrencies. It has traded in a range of $0.24706 to $0.37355 in the past 7 days.

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At its current price, Ripple is still down 90.13% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,397.6 on the Investing.com Index, down 2.73% on the day.

Ethereum was trading at $294.65 on the Investing.com Index, a loss of 7%.

Bitcoin's market cap was last at $110.94B or 51.95% of the total cryptocurrency market cap, while Ethereum's market cap totaled $30.10B or 14.10% of the total cryptocurrency market value.

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