ETH and XRP Both Hit by Losses as Crypto Markets See Widespread Red

Monday, September 24: Both Ripple and Ethereum have taken hefty price hits today as the wider crypto markets see deep red, as data from Coin360 shows.

While Ethereum has now reclaimed its long-standing spot as second-largest coin by market cap on CoinMarketCap - which it briefly ceded to a skyrocketing Ripple on September 21 - Ethereum has today seen around a 5 percent loss on the day to trade at $234 to press time.

On the week, Ethereum's gains remain up by over 6 percent; monthly losses are around 15 percent.

The asset's market cap had hit around $23 billion.

The asset is today down around 10 percent over a 24 hour period, and is trading around $0.52 at press time.

On the week, Ripple is up 87 percent, bringing its monthly gains to around 61.5 percent.

The top crypto is down around 2 percent to trade around $6,613 as of press time.

Bitcoin's relative stability is shown on both its weekly and monthly charts: on the week, the asset is up 1.7 percent, and is around 1 percent in the green on the month.

Among the top ten coins listed on CoinMarketCap, Stellar has been hit with the most severe losses on the day, down 9.7 percent to trade at $0.26 at press time.

Total market capitalization is around $219 billion as of press time, down around $10 billion from its intraweek high of close to $229 billion.