XRP Cryptocurrency Over 30% Down In The Last 30 Days

(VIANEWS) – XRP (XRP-USD) Cryptocurrency is currently on bearish momentum by 30.55% in the last 30 days. At 13:27 EST on Friday, 16 July, XRP (XRP-USD) is at $0.6060.

Volume

Today’s last reported volume for XRP is 1796506410, 73.37% below its average volume of 6747324711.82.

All-Time High and Low

XRP’s current value is at $0.61, 82.16% below its all-time high of $3.4 on Sunday, 7 January.

XRP’s current value is at $0.61, 22465.22% above its all time low of $3.4 on Thursday, 22 May.

Market Cap and Supply

XRP’s current market cap is at 28010896550. The total supply is 100,000,000,000.00, maximum supply is 100,000,000,000.00, and the circulating supply is 46,216,687,135.00.

XRP (XRP-USD) Range

Concerning XRP’s daily highs and lows, it’s 14.33% up from its trailing 30 days low of $0.5300 and 29.54% down from its trailing 30 days high of $0.8600.

Social Status

Currently, XRP (XRP-USD) has 1920499 Twitter followers and 322604 Reddit subscribers.

As of now, on Github, there are 1236 forks, 3886 stars, and 508 subscribers.

Volatility

XRP’s last week, last month’s, and last quarter’s current volatility was a negative 1.02%, a negative 0.96%, and a positive 5.81%, respectively.

XRP’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.20% (last week), 4.59% (last month), and 5.81% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XRP’s crypto is considered to be overbought (>=80).

Other News About XRP (XRP-USD)

Ripple labs can question former SEC official in suit over XRP. According to Bloomberg Quint on Thursday, 15 July, “Ripple Labs Inc. can question a former Securities and Exchange Commission official about the agency’s policy decisions as the company fights a lawsuit accusing it of misleading investors about its XRP cryptocurrency, a federal judge ruled.”, “Ripple has said the SEC can’t regulate XRP because, as a virtual currency used in international and domestic transactions, it’s a medium of exchange and not a security.”

News about Bitcoin

Btc/usd forecast: Bitcoin continues to limp along – 13 July 2021. According to DailyForex on Tuesday, 13 July, “The Bitcoin market initially tried to rally during the trading session on Monday, but again has found lackluster momentum to say the least. “, “In fact, I believe you cannot be a buyer of the Bitcoin markets until we break above that level, or at least see some type of momentum to the upside. “

Bitcoin found a happy match in the traditional 60/40 portfolio. According to Bloomberg Quint on Thursday, 15 July, “Earlier this year, analysis by JPMorgan Chase & Co. suggested that exposure to Bitcoin could achieve an efficiency gain in risk-adjusted portfolio returns.”

Bitcoin seen as reason for sliding Tesla correlation to big tech. According to Bloomberg Quint on Thursday, 15 July, “Tesla Inc.’s shares have become less correlated with those of large U.S. technology companies ahead of the electric-vehicle maker’s earnings report and Bitcoin may be the reason why.”, “Tesla in February disclosed a $1.5 billion investment in Bitcoin after favorable comments about the largest cryptocurrency from Chief Executive Officer Elon Musk. “

Grayscale Bitcoin fund advances ETF plans with new partnership. According to Bloomberg Quint on Tuesday, 13 July, “The largest Bitcoin fund is ramping up its ETF ambitions through a new agreement with Bank of New York Mellon Corp.”, “Grayscale Investments LLC will use BNY Mellon for exchange-traded fund services upon the hoped-for conversion of its $21.5 billion Grayscale Bitcoin Trust (ticker GBTC), according to a statement on Tuesday. “

More news about XRP (XRP-USD).