The price of XRP, the world's third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, to reach its highest total in 30 days, according to CoinDesk data.
At 15:01 UTC, the cryptocurrency rose to $0.49 cents for the first time since Oct. 8, and.
Was last seen trading at $0.4950, marking roughly a 6.14 percent increase since the day's open.
XRP's market capitalization rose by more than $2.1 billion over that period, effectively reversing most of the losses over the last 4 months to reach July levels.
According to CoinDesk data, XRP was up 144 percent year-over-year, having doubled from $0.20.
92 percent from its all-time high of $3.95.
The cryptocurrency is one of a number of networks to see appreciating values during the Monday session.
Well-known cryptos including bitcoin and Cardano have seen 24-hour profits of 1-2 percent while BasicAttentionToken and Zcash are up 4-8 percent.
The total market capitalization of all cryptocurrencies is up $2.8 billion from its yesterday's top of $209.8 billion and is currently sitting just below $213 billion, CoinMarketCap data shows.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
XRP Nears 50 Cents as Price Rises to One-Month Highs
gepubliceerd op Nov 6, 2018
by Coindesk | gepubliceerd op Coinage
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