Investing.com - XRP was trading at $0.58744 by 15:44 (20:44 GMT) on the Investing.com Index on Wednesday, down 21.55% on the day. It was the largest one-day percentage loss since March 12.
The move downwards pushed XRP's market cap down to $28.60320B, or 5.05% of the total cryptocurrency market cap. At its highest, XRP's market cap was $31.58403B.
XRP had traded in a range of $0.58744 to $0.72288 in the previous twenty-four hours.
Over the past seven days, XRP has seen a rise in value, as it gained 118.16%. The volume of XRP traded in the twenty-four hours to time of writing was $23.04559B or 10.78% of the total volume of all cryptocurrencies. It has traded in a range of $0.2840 to $0.7788 in the past 7 days.
At its current price, XRP is still down 82.14% from its all-time high of $3.29 set on January 4, 2018.
Elsewhere in cryptocurrency trading
Bitcoin was last at $18,793.8 on the Investing.com Index, down 1.42% on the day.
Ethereum was trading at $574.74 on the Investing.com Index, a loss of 5.61%.
Bitcoin's market cap was last at $350.32043B or 61.84% of the total cryptocurrency market cap, while Ethereum's market cap totaled $66.09108B or 11.67% of the total cryptocurrency market value.