Ripple Jumps 20.18% As Investors Gain Confidence
Investing.com - Ripple was trading at $0.36547 by 18:28 (22:28 GMT) on the Investing.com Index on Friday, up 20.18% on the day. It was the largest one-day percentage gain since August 17.
The move upwards pushed Ripple's market cap up to $14.12B, or 6.37% of the total cryptocurrency market cap. At its highest, Ripple's market cap was $79.53B.
Ripple had traded in a range of $0.29113 to $0.36547 in the previous twenty-four hours.
Over the past seven days, Ripple has seen a rise in value, as it gained 11.2%. The volume of Ripple traded in the twenty-four hours to time of writing was $422.30M or 2.59% of the total volume of all cryptocurrencies. It has traded in a range of $0.24706 to $0.36547 in the past 7 days.
At its current price, Ripple is still down 88.89% from its all-time high of $3.29 set on January 4.
Elsewhere in cryptocurrency trading
Bitcoin was last at $6,532.9 on the Investing.com Index, up 3.81% on the day.
Ethereum was trading at $313.02 on the Investing.com Index, a gain of 9.12%.
Bitcoin's market cap was last at $112.97B or 50.98% of the total cryptocurrency market cap, while Ethereum's market cap totaled $31.78B or 14.34% of the total cryptocurrency market value.
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