Story
XRP Surges Over 10% in Largest Daily Gain Since February
XRP surged on Wednesday, posting a gain of 10.17% to trade at $1.1018, according to data from the Investing.com Index. The move marked the digital asset's largest single-day percentage increase since Feb. 6.
Price Action and Market Cap
The rally pushed XRP's market capitalization to $67.8175 billion, accounting for approximately 2.91% of the total cryptocurrency market value. At its peak, XRP's market cap reached $210.6006 billion. In the preceding 24 hours, the cryptocurrency traded within a range of $0.9958 to $1.1019.
Over the past week, XRP has seen a notable increase, gaining 7.18%. Despite the recent gains, the token remains 69.86% below its all-time high of $3.66. The 24-hour trading volume for XRP was reported at $2.1299 billion, or 2.41% of the total volume across all cryptocurrencies.
AdBroader Crypto Market Rally
The gains for XRP occurred alongside a significant upward trend in the broader digital asset market. Other major cryptocurrencies also posted strong performance, based on Investing.com data:
- Bitcoin (BTC) was up 7.00% on the day, trading at $69,030.5. Its market cap stood at $1.379 trillion, representing a market dominance of 59.16%.
- Ethereum (ETH) saw an even larger jump, rising 15.15% to $2,198.20. Its market capitalization reached $256.1065 billion, or 10.99% of the total crypto market.
Read next
More on Crypto
Bybit Expands Annual Trading Competition to Stocks, Gold With $10M Prize Pool
Bybit announced its 2026 World Series of Trading will feature a prize pool of up to $10 million USDT and expand beyond cryptocurrency to include traditional assets and a dedicated AI trading category for the first time.
Bitcoin Nears $81,000 as Tech Rally Boosts Risk Assets Ahead of Fed Decision
The leading cryptocurrency recovered from earlier losses, buoyed by a surge in technology stocks. However, gains were limited as investors awaited the Federal Reserve's upcoming interest rate decision and forward guidance.
Bitcoin Stalls Near $80,000 as MicroStrategy Pauses Purchases, Fed Meeting Looms
The price of Bitcoin has dropped below its recent trading range as major corporate holder MicroStrategy halted its weekly purchases and investors grow cautious ahead of a key Federal Reserve policy decision.
Bitget Wallet to Launch USD, Euro Accounts with Automatic Stablecoin Conversion
The self-custody wallet is introducing 'virtual accounts' that convert fiat deposits into USDT or USDC, aiming to lower costs for cross-border payments and remittances.