XRP Surges 11.49% as Crypto Market Gains Momentum

XRP saw a strong rally on Tuesday, jumping 11.49% to trade at $2.6990 by 19:58 (00:58 GMT) on the Investing.com Index. This marked its biggest one-day percentage gain since January 15. The surge pushed XRP’s market cap to $159.06 billion, accounting for 8.35% of the total crypto market. However, XRP remains below its all-time high of $3.40, set on January 16, currently down 20.51%.

Over the past 24 hours, XRP traded between $2.6990 and $2.7797, with a total trading volume of $35.04 billion, representing 14.71% of all crypto trades. Despite this recent surge, XRP has dropped 10.11% in the last seven days, fluctuating between $1.8739 and $3.1544.

Meanwhile, Bitcoin was trading at $101,108.0, gaining 4.60% on the day. Ethereum also saw a modest increase of 0.26%, reaching $2,839.20. Bitcoin’s market cap stood at $2.01 trillion, representing an unusual 105.64% of the total crypto market, while Ethereum's market cap reached $344.91 billion, or 18.11% of the market.

With XRP’s recent surge and high trading volume, investor interest remains strong despite market fluctuations. Traders continue to monitor price movements closely as the cryptocurrency market experiences increased volatility.