XRP Surges 13.67%, Market Cap Reaches $129.49 Billion

The cryptocurrency XRP was trading at $2.4454 on Sunday (15:28 GMT) on the Investing.com Index, marking a 13.67% increase for the day. This was the largest one-day gain since January 15.

The price surge pushed XRP's market capitalization to $129.49 billion, accounting for 4.60% of the total cryptocurrency market cap. At its highest, XRP’s market cap stood at $190.39 billion.

Over the past 24 hours, XRP traded within a range of $2.1757 to $2.4454. However, on a weekly basis, XRP remained down by 12.61%, fluctuating between $1.9554 and $2.6028 in the past seven days.

The 24-hour trading volume of XRP reached $3.31 billion, representing 5.01% of the total cryptocurrency trading volume. Despite the daily surge, XRP remains 27.98% below its all-time high of $3.40 recorded on January 16.

Bitcoin and Ethereum Performance

Elsewhere in the cryptocurrency market, Bitcoin was last trading at $86,762.6, gaining 1.76% for the day. Ethereum also strengthened by 2.93%, reaching $2,245.22.

Bitcoin's market capitalization currently stands at $1.68 trillion, accounting for 60.08% of the total cryptocurrency market share. Meanwhile, Ethereum's market cap is valued at $265.84 billion, representing 9.45% of the total crypto market.

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