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$62,821.00
-1.19%$3,175.56
-4.23%$6.61
-3.70%$589.97
-2.64%$136.72
-3.83%$1.001
0.02%$3,173.53
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-1.40%$6.83
-6.78%$0.713528
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0.40%$0.999503
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0.80%$2.13
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0.17%$2.11
1.26%$2.09
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21.47%$0.800417
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0.91%$0.00151173
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-0.62%$0.815166
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-0.15%$0.00243242
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4.42%$0.03013444
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0.59%$0.00
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0.39%$3,315.99
-4.36%$1.15
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-4.80%$3.22
-7.03%$2.33
-5.48%$2.64
9.06%$29.57
-1.59%$65.27
-6.52%$39.53
0.03%$0.376904
-4.90%$0.280565
-3.10%$0.294824
-3.94%$0.00333935
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-6.78%The price of XRP, the third-largest cryptocurrency by market cap, today fell by 18.64%, according to data from CoinMarketCap.
After hitting daily highs of $0.71 at 15:19 UTC, the price of XRP fell sharply at about 20:00 from $0.66 to lows of $0.59. The current price of XRP is $0.62 and its market capitalization is $28 billion.
However, the dip follows a huge market rally; XRP is still up by 112% in the past week. XRP started rising last Friday. Then, its price was just $0.31.
XRP is far from the only coin to crash today. Bitcoin, the largest cryptocurrency by market cap, fell by 1.68% today to $18,832—in its dip, Bitcoin slips further away from its all-time high of ~$20,000. Ethereum, the second-largest coin by market cap, fell by 4.58% to $580.
Other top coins fell, too: Bitcoin Cash fell by 5.74%; Chainlink by 7.8%; Litecoin fell by 7.1% and Cardano fell by 5.53%.
Coinciding with the drop is the closure of the US stock markets. The S&P 500 fell back from its all-time high and the Dow Jones retreated below 30,000 basis points.
However, all of the top coins are up for the week and are outperforming their former, pre-bull run selves. Bitcoin, which was worth $10,500 at the start of last month, is still far, far above that, at $18,832.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.