Ripple’s XRP is up more than 50% from this week’s low

• XRP, the cryptocurrency made by Ripple for international money transfers, is trading around $0.90 a coin, up about 60% from its low of $0.56 hit less than a week ago.
• The third-largest cryptocurrency has had an exhausting February, beginning the month with a dramatic plunge. XRP is currently trading at less than a third of its all-time high of $3.31, set just after the new year.
• Ripple, which uses XRP to power its cross-border liquidity and settlement products, has tried to quell some of the intense volatility through a three-part series about its vision and strategy. Still, speculative investment on cryptocurrency exchanges has continued to drive wild price swings for XRP.
• Ripple now boasts 100 customers, with 75 deploying Ripple products commercially, according to its website, including banks like Santander and Standard Chartered, as well as payments firms like MoneyGram.
• You can track the price of XRP in real-time here>>

SEE ALSO: Sign up to get the most important updates on all things crypto delivered straight to your inbox.

Join the conversation about this story »

NOW WATCH: Microsoft President Brad Smith says the US shouldn't get 'too isolationist'

Contributer : Tech Insider http://ift.tt/2ERJ4px

Something that you might miss to see?