On Thursday, the price of XRP surged by 10.06% to $0.5856, marking the largest one-day increase since August. This jump raised XRP's total market capitalization to $3.02246 billion, accounting for 1.49% of the global cryptocurrency market capitalization. Although XRP has declined by 2.76% over the past seven days, indicating recent sluggish performance, this increase signifies a positive outlook for its short-term performance.
Within the past 24 hours, XRP's price fluctuated between $0.5334 and $0.5869, still 82.20% below its all-time high of $3.29. Additionally, Bitcoin and Ethereum rose by 1.66% and 0.41% respectively, showing a mild upward trend in the market overall.
Bitcoin's total market capitalization stands at $1.14 trillion, capturing 56.20% of the cryptocurrency market; while Ethereum's market capitalization is $281.579 billion, accounting for 13.87%.