Ripple price action on the XRPUSD daily chart surged massively for the 2nd day in a row, as Bitcoin prices...
Ripple Price
In this section, you will find important Ripple price news, actionable trading ideas, and a live XRPUSD chart to help you understand the markets better.
What is Ripple?
Ripple or XRP is a digital currency created in 2012 as a standard of exchange on the Ripple payment protocol. XRP was mainly built for corporations to use as it aims to be a fast, secure and cost-efficient cryptocurrency for sending money around the world using blockchain.
Financial institutions and payment providers can use XRP to reduce their transaction costs and enter new markets. XRP exists within the Ripple Payment and Exchange Network and can be used for transactions between traditional currencies such as USD, EUR, GBP, and other cryptocurrencies through the RippleNet payment network. A major difference between Ripple and the other major cryptocurrencies is that the XRP is not mined. There is a fixed stock of 100 billion XRP controlled by Ripple Labs, the company that created XRP.
XRPUSD is a pair that shows how many US dollars it costs to buy one XRP. The XRP price at the time of writing was $0.399672 with a market capitalization at 17 billion dollars which made it the third-largest cryptocurrency after Bitcoin and Ethereum.
Live Ripple Price Chart
Ripple price is benefitting from its positive correlation with Bitcoin prices this Friday. As Bitcoin (BTCUSD) surged above $16,200 in...
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Ripple price took a breather this Monday after reports that Ripple Labs has opened a new regional headquarters at the...
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Ripple price maintained its positive correlation to bitcoin prices on Thursday, as it surged nearly 3% on the day following...
Ripple price (XRP) is under pressure today as traders remain focused on the US election and the relatively stronger dollar....
Ripple price continues to experience with sauce is Tuesday as the cryptocurrency market continues to bleed ahead of the US...
Ripple price extended its decline on Monday after Bitcoin prices lost steam at the $13,800 price level. The climb above...
Ripple price extended the decline below the channel, following the completion of the violation of that border at 0.24425. This...