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
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.