XRP Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
XRP's price has decreased by 3.71% over the past 24 hours to $0.50, continuing its downward trend over the past week of -4.0%. The trading volume for the coin has decreased 12.0% over the past week, while the overall circulating supply of the coin has increased 0.55% to over 53.39 billion. The current market cap ranking for XRP is #5 at $26.74 billion.

October 09, 2023 | 3:00 pm
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NEGATIVE IMPACT
XRP's price has decreased by 3.71% over the past 24 hours, continuing its downward trend over the past week. The trading volume has decreased 12.0% over the past week, while the circulating supply has increased 0.55% to over 53.39 billion.
The decrease in XRP's price and trading volume, along with an increase in circulating supply, indicates a bearish trend. This could potentially lead to further price drops in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100