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Ripple Climbs 11.99% As Investors Gain Confidence By



© Reuters. – was trading at $0.28748 by 22:00 (02:00 GMT) on the Index on Wednesday, up 11.99% on the day. It was the largest one-day percentage gain since April 20.

The move upwards pushed Ripple’s market cap up to $11.35B, or 5.62% of the total cryptocurrency market cap. At its highest, Ripple’s market cap was $79.53B.

Ripple had traded in a range of $0.27277 to $0.28829 in the previous twenty-four hours.

Over the past seven days, Ripple has seen a drop in value, as it lost 22%. The volume of Ripple traded in the twenty-four hours to time of writing was $282.27M or 1.86% of the total volume of all cryptocurrencies. It has traded in a range of $0.24706 to $0.35740 in the past 7 days.

At its current price, Ripple is still down 91.26% from its all-time high of $3.29 set on January 4.

Elsewhere in cryptocurrency trading

was last at $6,216.6 on the Index, up 2.97% on the day.

was trading at $282.03 on the Index, a gain of 9.02%.

Bitcoin’s market cap was last at $107.29B or 53.14% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $28.66B or 14.19% of the total cryptocurrency market value.

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