XRP Becomes Third-Most Valued Crypto — Beats Boeing, Nike In Market Capitalization

XRP (CRYPTO: XRP) continued the upward march Tuesday, becoming the third-largest cryptocurrency by market capitalization after Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

What happened: The payment-focused cryptocurrency spiked to $2.84 early in the morning hours, just 19% shy of its all-time high. The rally propelled the market valuation to over $160 billion.

Subsequent correction wiped out some of XRP’s valuation but was enough to knock Tether (CRYPTO: USDT) out of third place among the largest cryptocurrencies by market capitalization.

As of this writing, XRP was valued at $143.59 billion, higher than iconic Wall Street companies like Boeing Co. (NYSE:BA) and Nike Inc. (NYSE:

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