RATE Group | XRP at Risk of Losing Top 3 Cryptocurrency Position
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XRP at Risk of Losing Top 3 Cryptocurrency Position

15 Mar XRP at Risk of Losing Top 3 Cryptocurrency Position

Posted at 17:45h in Cryptocurrency News by

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With the year-to-date, the price of XRP has fallen by 20 percent against the USD after recording an 80 percent price increase in mid-February. After seeing one of the steepest declines in recent years, it is at risk of losing its position as one of the top three cryptocurrencies.

Apart from one brief period when Bitcoin Cash overtook both XRP and Ethereum, XRP has consistently been atop the three crypto assets since 2017.

XRP has been able to secure and maintain the number three spot primarily because of the large gap between the third and fourth largest cryptocurrencies in terms of market capitalization within the global market.

Following a lackluster year in 2019 and a severe sell-off in the past three weeks, XRP is now at risk of falling behind Tether.

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