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Ripple Prices Fall as Bitcoin Rises

Ripple plunges down to $2.83 on Friday evening (05:50 pm UTC) after reaching a record high of $3.56 the same morning (08:50 am UTC). The price however recovered to $3.01 at the end of the day.

By Olga

Ripple plunges down to $2.83 on Friday evening (05:50 pm UTC) after reaching a record high of $3.56 the same morning (08:50 am UTC). The price however recovered to $3.01 at the end of the day.

Ripple Prices Fall as Bitcoin Rises

The fall in XRP's (Ripple's official currency) price is reportedly after Coinbase, the digital currency exchange headquartered in San Francisco, California denied rumors of it adding XRP to its listings. The exchange has announced that it would not be offering trading of any additional cryptocurrencies.

What is Cryptocurrency Ripple?What is Cryptocurrency Ripple?

The percentage drop in price has been 25%. Meanwhile, Bitcoin saw a rise of 15% to $17,106.33 close to the end of the day (11:35 pm UTC) from $14,851.02 on Friday morning (07:21 am UTC).

How to Buy Bitcoins in India?How to Buy Bitcoins in India?

Story first published: Saturday, January 6, 2018, 11:54 [IST]
Read more about: ripple bitcoin cryptocurrency

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