At 3:41 PM (12:41 GMT) on Friday, XRP was trading at $2.2331, according to the Investing.com index, down 10.01% on the day. This was the largest drop in the cryptocurrency's price since October 10th.
The decline was also driven by a reduction in XRP's market capitalization to $134.9603B, or 4.20% of the total cryptocurrency market capitalization. At its previous peak, XRP's market capitalization was $210.6006B.
Over the past 24 hours, XRP has traded within a range of $2.2331 to $2.3367.
Over the past seven days, XRP has seen price gains ranging from a target price of 3.81%. The XRP volume traded in the last 24 hours prior to the publication of this material was $7.7597B, or 3.15% of the total volume of all cryptocurrencies. The price has fluctuated between $2.2324 and $2.5797 over the past seven days.
XRP has currently fallen from its high of [unclear text].
Meanwhile, other cryptocurrencies
Bitcoin last traded at $94,927.9, according to the Investing.com Index, down 7.86% on the day.
Ethereum traded at $3,088.75, according to the Investing.com Index, down 11.90%.
Bitcoin's market capitalization is $1,897,9384B or 59.06% of the total cryptocurrency capitalization, while Ethereum's market capitalization is $373,8710B or 11.63% of the total crypto market capitalization.