These have been moved days in the cryptocurrency market. Indeed, most of the virtual currencies among the top 10 experienced large price swings. This is why XRP, the third-largest digital currency was able to recover the third spot in the market after surpassing $0.20 per coin.
This is not only a very important price for XRP but it has also allowed the cryptocurrency to take away the third-position from Tether (USDT), the largest stablecoin in the world. It is worth taking into account that USDT has a price of $1 at all times and that it does not fluctuate as other virtual currencies.
Two days ago, the market fell, starting with Bitcoin that dropped below $9,000 for a brief period of time. Meanwhile, XRP fell below $0.195 for some hours before recovering part of its price. Indeed, after falling from $0.2054 to $0.191, XRP is now traded close to $0.201. This represents a price increase of 5% in just some hours during the day.
Other virtual currencies are also experiencing gains, including Bitcoin (BTC), with an expansion of 1.67% in the last 24 hours, Ethereum (ETH), growing by 3.89% and Litecoin (LTC), which expanded around 3.17% during the same period of time.