- Ripple briefly retook its place as the third-largest cryptocurrency, with a market value of $47 billion, a milestone it reached earlier this month.
- The digital currency reached the key psychological $1 mark for the first time Thursday, and hit an all-time high of $1.38 that same day.
- Ripple said Thursday that its digital token was now available on more than 50 exchanges around the world.
Alternative digital currency ripple made some significant gains Friday, despite the wider market for cryptocurrencies seeing a sharp pullback.
Also known as XRP, it soared to $1.24 at 1:14 a.m. ET, and was up 25 percent over a period of 24 hours, according to data from industry website Coinmarketcap. The digital currency reached the key psychological $1 mark for the first time Thursday, and hit an all-time high of $1.38 that same day.
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