Ripple, the fourth largest cryptocurrency by market cap, has risen above the one-dollar threshold after falling earlier today to 0.74 cents, according to CoinMarketCap.
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The price of Ripple is $1.10, with a market cap of over $42 billion at press time.
Yesterday, Ripple hit a new all-time high of $1.38.
The massive rally was particularly impressive as the top 20 cryptocurrencies all saw significant losses, including bitcoin now priced at $13,437.90, a loss of about 13.5 percent in the last 24-hours.