XRP experienced a significant price drop on Sunday, trading at $2.6573 by 12:25 (17:25 GMT), reflecting a 10.40% loss on the day. This marked the largest one-day percentage loss for XRP since December 9, 2024.
XRP’s Market Performance
The sharp decline in XRP’s price pushed its market capitalization down to $156.09 billion, accounting for 4.74% of the total cryptocurrency market cap. At its peak, XRP’s market cap was $190.39 billion. Over the previous 24 hours, XRP’s trading range was between $2.6573 and $2.9552, demonstrating volatility within a short period.

XRP Price Trend Over 7 Days: The cryptocurrency has seen a 13.28% decrease over the past seven days. The 24-hour trading volume for XRP was $8.55 billion, making up 6.44% of the total market volume for cryptocurrencies.

XRP’s All-Time High: At its current price, XRP is still down 21.74% from its all-time high of $3.40, which occurred on January 16, 2025.

Despite the recent downturn, XRP continues to be a significant player in the cryptocurrency market. For real-time updates on XRP and other digital assets..
Comparison with Other Major Cryptocurrencies

Bitcoin: Bitcoin’s price was $97,764.80, reflecting a 4.05% decrease on the day. Its market cap stood at $1.94 trillion, or 58.97% of the total cryptocurrency market cap.

Ethereum: Ethereum saw a 7.55% loss, with its price at $2,998.84. The market capitalization of Ethereum was $363.54 billion, representing 11.03% of the total crypto market value.

Key Takeaways

XRP’s Recent Struggles: XRP is down significantly from its all-time high, reflecting broader market volatility.

Bitcoin and Ethereum: Bitcoin and Ethereum are also facing losses, but they continue to dominate the cryptocurrency market.

As market conditions evolve, investors may want to stay updated on crypto market dynamics and adjust their strategies accordingly. Using reliable data and analytics can help you make informed decisions during periods of high volatility.