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What Happened to XRP as Half of Its Value Disappeared During the Crash?


What Happened to XRP as Half of Its Value Disappeared During the Crash?

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While bitcoin and ether crashed by up to 30% during the market-wide meltdown on Friday evening and Saturday morning, XRP, which is among the largest altcoins, suffered a substantially more painful decline that saw it dump well below $1.5 on most exchanges and even beneath $1 on Binance.

In the span of just 30 minutes, the asset’s market capitalization experienced a 50% dump that pushed the metric to $80 billion by 5:20 PM ET. It was at $161 billion at 4:50 PM ET, according to the Kobeissi Letter.

Read the article at CryptoPotato

In This News

Coins

$ 61.08K

-4.18%

$ 1.10

-5.82%

$ 0.0815

+5.21%

$ 0.0683

-9.09%

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Share:

In This News

Coins

$ 61.08K

-4.18%

$ 1.10

-5.82%

$ 0.0815

+5.21%

$ 0.0683

-9.09%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

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