RATE Group | Ripple price RISE: XRP on the rise after cryptocurrency plunge | City & Business | Finan…
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Ripple price RISE: XRP on the rise after cryptocurrency plunge | City & Business | Finan…

28 Nov Ripple price RISE: XRP on the rise after cryptocurrency plunge | City & Business | Finan…

Posted at 15:02h in Cryptocurrency News by

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Ripple, bitcoin (BTC) and ethereum (ETH) suffered heavy losses over the course of last week after widespread sell-offs pushed through the marker floor. On November 22, XRP traded for as much as £0.34 ($0.44) per token, according to CoinMarketCap at 11.54pm GMT (UTC). Just three days later at 10.24am GMT on Sunday, November 25, XRP has fallen down to £0.28 ($0.36) on the dollar. In the same time period, the price of bitcoin fell from £3,596.69 ($4,602.17) per token to a low of £2,803.31 ($3,587) on Sunday morning.

Ethereum was not spared losses either, with the cryptocurrency dropping down from £106.96 ($136.86) to £80.70 ($103.26).

The downside movement appears to have evened out today with some bullish momentum building on Tuesday evening, November 27.

XRP is now trading in the green, up 7.38 percent on the last 24 hours at 11.22am GMT.

The token is exchanging hands for £0.29 ($0.37) per token – a five percent change on its opening price of £0.27 ($0.35) today, according to…

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