XRP was trading at $1.07036 by 22:05 (02:05 GMT) down 18.30% on the day. It was the largest one-day percentage loss since February 1.
The move downwards pushed XRP's market cap down to 48.56447B, or 2.65% of the total cryptocurrency market cap. At its highest, XRP's market cap was 83.44071B.
XRP had traded in a range of $1.01032 to $1.19593 in the previous twenty-four hours.
Over the past seven days, XRP has seen a drop in value, as it lost 39.43%. The volume of XRP traded in the twenty-four hours to time of writing was 15.70012B or 6.86% of the total volume of all cryptocurrencies. It has traded in a range of $1.0103 to $1.7388 in the past 7 days.
At its current price, XRP is still down 67.47% from its all-time high of $3.29 set on January 4, 2018