Crypto Market Update: XRP Boosts Lead Over Ethereum to $4 Billion, As ETH and BTC Drop Over 11%

XRP is holding its own remarkably well amid today’s broader market freefall.

With other cryptocurrencies such as Bitcoin and Ethereum plunging more than 11% at time of publishing, XRP is relatively steady, down about 3%. The shift has increased XRP’s market cap lead over Ethereum to just over $4 billion, according to CoinMarketCap.

Bitcoin has now dropped below the $5,000 mark, at $4,988. Ethereum is hovering around $153.

The overall market cap of all cryptocurrencies has dipped 22.4% in the last seven days, from $212.6 billion to $164.9 billion.

The strength of XRP follows a week of wall-to-wall news on the digital asset.

Join us on Telegram            Follow us on Twitter

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.