Ripple’s Market Cap Nears that of Ethereum By Cryptovest


 Ripple’s Market Cap Nears that of Ethereum Ripple’s Market Cap Nears that of Ethereum

The third most popular cryptocurrency, (XRP), experienced an impressive bull run. According to data from coinmarketcap.com, XRP prices skyrocketed to $0.48, a 47% increase over the $0.32 at the start of the day. The crypto coin has a daily trading volume of over $1 billion.

For a brief moment at the peak of its run, Ripple’s total market capitalization reached $19 billion, just shy of Ethereum’s $22 billion market cap. The last time XRP valued was valued at $19 billion was in June of this year.

Partnership with High-Profile Financial Institutions

Ripple’s bull run began on Thursday after Ripple Labs Inc. executive announced the company …

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source

Let’s block ads! (Why?)


Source link

Previous Islamic State using cryptocurrencies but not to launch attacks in Europe: Europol
Next Brazil Investment CEO On Bitcoin Exchange Launch: ‘I’d Rather Crypto Didn’t Exist’