Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$118,178.00
0.50%$3,778.99
1.08%$3.19
1.55%$794.88
1.42%$186.41
0.13%$0.9999
0.01%$0.238861
0.94%$3,767.70
0.91%$0.320547
0.97%$0.828305
0.79%$117,991.00
0.54%$4,560.20
1.02%$43.43
-2.47%$4.19
5.94%$0.441342
0.90%$18.67
1.67%$0.288908
9.61%$4,050.73
0.95%$566.83
2.09%$4,038.50
0.84%$24.94
3.55%$114.75
1.68%$3,771.30
0.89%$0.00001408
0.53%$8.98
-0.07%$3.33
2.80%$0.999874
0.00%$1.001
-0.08%$1.00
0.01%$44.24
0.47%$10.59
0.98%$4.17
1.26%$118,108.00
0.40%$322.01
-0.94%$0.0000126
0.09%$4.58
-0.07%$0.144615
9.06%$296.49
-0.66%$1.19
0.08%$429.78
0.98%$0.61946
5.02%$2.91
1.41%$23.11
1.36%$0.440733
-0.35%$1.054
1.30%$4.84
1.53%$5.69
1.28%$227.42
0.24%$48.38
0.52%$0.804817
5.54%$0.00003484
-1.90%$0.04287001
0.83%$0.099112
-0.46%$1.00
0.00%$0.277188
3.38%$0.454066
1.34%$3,776.79
1.05%$0.02599675
0.84%$1.001
-0.01%$4.78
1.87%$4.25
0.97%$0.237088
1.22%$17.79
1.22%$1.17
0.39%$10.23
1.26%$0.095183
1.81%$4.59
1.15%$0.340885
3.27%$0.738263
0.25%$198.46
0.00%$1.98
0.20%$2.69
1.64%$123.49
1.84%$0.02546349
9.36%$4,296.33
0.88%$118,077.00
0.60%$3,955.69
0.97%$0.558878
0.66%$1.061
0.02%$5.48
1.26%$5.09
0.15%$1.11
6.62%$11.61
-1.42%$15.02
6.36%$0.999496
-0.03%$0.088639
2.30%$3,964.73
0.81%$1.95
-0.05%$4,034.66
0.93%$4,084.86
1.13%$1.00
0.13%$0.998212
-0.07%$1.34
-2.61%$1.31
-0.29%$0.816781
1.25%$0.732162
1.40%$3,965.37
0.90%$0.00013035
-1.24%$1.00
0.01%$0.604308
6.79%$209.94
0.16%$117,710.00
0.26%$0.335798
0.27%$1.071
-0.23%$0.106372
1.38%$794.62
1.45%$31.52
6.45%$1.58
-0.04%$0.002868
5.87%$0.999436
-0.03%$1.095
0.08%$2.84
2.38%$0.167009
1.99%$3,764.82
0.85%$0.900251
1.18%$3,354.71
-0.08%$117,855.00
0.37%$244.53
0.17%$0.181666
0.39%$119,121.00
0.23%$1.11
-0.04%$0.57525
0.07%$0.343851
-3.23%$0.896828
1.66%$0.99994
0.00%$0.214182
3.09%$0.01729615
1.30%$3,348.03
-0.21%$3.08
2.17%$3,776.32
1.03%$0.01783911
1.20%$4,042.94
1.17%$3,927.01
0.32%$9.87
9.29%$0.89484
-0.97%$0.314001
2.91%$0.999945
0.03%$0.131084
1.91%$4.44
-0.83%$2.01
1.74%$111.94
0.00%$0.00000069
1.22%$0.998705
0.01%$41.60
2.37%$1.079
-1.22%$0.417681
1.23%$117,871.00
0.63%$0.480927
5.00%$0.545475
-1.00%$3,771.72
0.81%$1.98
2.57%$3.39
-1.66%$0.320599
1.22%$0.238776
0.78%$0.00875764
0.11%$0.00000155
0.80%$29.62
2.21%$4,015.30
1.04%$0.997646
-0.00%$0.999781
-0.02%$118,168.00
0.45%$0.057029
0.89%$117,679.00
0.83%$0.33833
-17.53%$0.01616018
2.96%$0.550304
-1.18%$3,771.03
0.84%$0.00595721
-0.35%$4,162.81
1.03%$1.00
-0.04%$0.074251
0.06%$1.48
-0.88%$1.24
4.10%$0.00882602
0.51%$0.511984
-9.52%$0.642879
-1.89%$43.39
-2.49%$7.73
0.16%$6.04
5.20%$4,071.44
1.09%$0.997744
-0.12%$1.088
4.55%$0.194998
5.70%$0.40676
-0.33%$0.132862
0.18%$0.625785
-1.45%$16.52
1.02%$6.66
1.30%$49.58
1.76%$0.00000047
0.34%$1.16
0.04%$4,569.82
0.93%$0.00002288
0.70%$0.0088245
4.70%$3,761.54
0.87%$3,780.36
1.16%$2.62
0.58%$1.37
0.65%$0.400133
-0.51%$0.00000103
19.19%$7.43
-0.09%$0.057615
2.79%$0.04269274
0.77%$10.76
0.00%$0.410376
-1.72%$13.96
2.39%$1.094
0.00%$0.99922
0.46%$0.9999
0.01%$0.086034
2.21%$0.285466
2.52%$0.999954
-0.00%$1.001
0.14%$0.187568
-1.92%$30.33
3.64%$204.51
0.13%$24.95
3.65%$1.41
2.80%$0.02009863
2.62%$0.574749
-0.02%$43.53
-1.62%$0.145206
0.01%$0.929976
5.35%$0.377501
5.40%$0.565846
1.21%$141.24
-3.00%$0.380133
-0.80%$0.03727589
0.66%$22.35
0.55%$0.03433561
-0.16%$0.808342
1.58%$118,784.00
1.61%$0.00519685
-1.26%$0.00006327
-0.31%$0.00348462
-3.56%$118,131.00
0.52%$0.752777
0.82%$0.00399339
0.41%$0.236858
1.04%$0.805884
0.30%$3,959.46
1.06%$0.999697
-0.01%$4,252.38
1.03%$0.00389082
0.11%$0.00366611
-0.21%$1.35
-3.35%$3.66
14.43%$0.088547
4.11%Reading
XRP, currently the world's third-largest cryptocurrency by market capitalization, has just crashed to under $0.28 for the first time in over a week.
As it stands, XRP is hovering around $0.27 after losing 8% of its value since yesterday. This recent bearish price action has cleaved more than $1 billion off its market capitalization, bringing it back down to under $12 billion.
Todays' losses continue almost a week of solid decline for the altcoin, which has fallen from a peak of $0.341 last week, down to today's value. Overall, XRP is down just over five percent in the 7-days.
Although practically the entire cryptocurrency market is in the red this past week, at least part of the reason XRP has been hit among the hardest might be attributed to its diminishing trade volume.
Since reaching its highest value this year last week and seeing well over $6 billion in XRP changing hands each day, trade volumes began to diminish—halving in the space of a week.
Overall, most cryptocurrencies are in significant losses today, with an average loss of 6.2% seen across the board. As such, XRP is currently performing worse than most, but is still up more than 30% for the month.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
For a week, at least, spot Ethereum exchange-traded funds outpaced their Bitcoin counterparts. The nine ETFs tracking ETH generated more than $1.8 billion in net inflows this week, continuing a 16-day positive streak, according to U.K. asset manager Farside Investors, as interest in the second-largest cryptocurrency mushrooms. The 12 Bitcoin funds added just $70 million in assets over the same period, with three of the five days showing net outflows for the funds. Bitcoin has historically been o...
After a wild run, XRP has retreated, erasing its gains of last week. The coin was recently trading for $3.09, according to crypto data provider CoinGecko, after hitting a new record of $3.65 last Friday—a more than 15% drop. The decline comes amid a wider market swoon in which most major altcoins have fallen. Solana and Dogecoin were off 1.3% and 2.2% over the past 24 hours. Arca Director of Research Katie Talati told Decrypt that macroeconomic factors and general crypto market exhaustion ar...
Institutional crypto firm Galaxy said Friday that it had sold more than 80,000 Bitcoin—over $9.3 billion worth at the current price—for a Satoshi-era investor. In a Friday statement, Galaxy said "it was one of the largest notional Bitcoin transactions in the history of crypto on behalf of a client." The firm further described the sale as "one of the earliest and most significant exits from the digital asset market." A mysterious Bitcoin whale woke up at the start of this month, moving 80,000 BTC...