Crypto Markets in The Green, XRP Sees Major Boost Briefly Overtaking ETH by Market Cap

Tuesday, Nov. 6: top cryptocurrencies have seen strong gains on the day, with Ripple temporarily overtaking Ethereum as the top altcoin by market capitalization.

ETH has seen some growth over the 24-hour period, up 3.64 percent from $206 to $215 at press time.

ETH has won back its position as the second largest cryptocurrency with a market capitalization of $22.2 billion at press time.

The XRP price has increased by almost 10 percent on the day, which resulted in it briefly overtaking ETH in terms of market cap.

At press time, XRP is trading at $0.53, while the coin's market cap is around $21.4 billion.

Bitcoin Cash is still seeing gains following its recent hard fork, gaining 8.59 percent on the day and trading around $602 at press time.

Stellar is trading at around $0.260 as of press time, having gained almost 7 percent on the day.

The altcoin's market cap is around $4.93 billion, while its daily trading volume is around $95.4 million.

Total market capitalization of all cryptocurrencies is over $217 billion at press time, according to CoinMarketCap, after seeing an intra-week low on Oct. 31 around $202 billion.

BTC futures trading on the U.S. Chicago Board Options Exchange hit record low volatility levels in October, in stark contrast to the rocky global equity markets.