The XRP cryptocurrency was trading at $1.2417 at 23:57 (20:57 GMT) on Thursday, according to the Investing com Index, having risen by 12.99% during the day. This is the sharpest daily growth since February 6. The growth led to an increase in the market capitalization of XRP to $77.89 billion, which accounts for 3.16% of the total capitalization of all cryptocurrencies. Previously, at its peak, the capitalization of XRP reached $210.60 billion. Over the past 24 hours, the XRP cryptocurrency has been trading in the range from $1.0881 to $1.3419.
Over the past 7 days, the XRP cryptocurrency has shown a 22.07% increase. The trading volume of XRP over the past 24 hours amounted to $7.44 billion, or 5.06% of the total cryptocurrency trading volume. Over the past 7 days, the exchange rate varied between $0.9886 and $1.3419.
Meanwhile, other cryptocurrencies also showed positive dynamics. Bitcoin was trading at $72,621.3, according to the Investing com Index, up 5.13% during the day. The Ethereum cryptocurrency was trading at $2,317.61, showing a 4.80% increase. Bitcoin’s market capitalization is $1.46 trillion, or 59.36% of the total cryptocurrency market capitalization. At the same time, Ethereum’s capitalization is $280.87 billion, or 11.38% of the total market capitalization.
The growth of XRP and other cryptocurrencies is taking place against the backdrop of a generally positive mood in the digital asset market, which is supported by expectations of approval of regulatory initiatives and an increase in institutional interest in the crypto industry.
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The material has been prepared solely for informational and educational purposes and is not financial advice or a recommendation.