Bitcoin, ripple, and ethereum continued to fall today following yesterday's bloodbath, with bitcoin down almost 3% on the last 16 hours.
Ripple overtook Ethereum as the world's second largest cryptocurrency this has happened number of times over recent months as ethereum and ripple fight for dominance.
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Bitcoin remains the world's largest cryptocurrency by market capital by a considerable total market value of $95.6 billion, compared to ripple and ethereum's which around $18 billion.
Ripple has outperformed the wider cryptocurrency market over the last 24 hours, dropping by under 10% compared to many other major cryptocurrencies 15% falls, due to its association with the established financial industry.