XRP reclaims $2.01 as market cap reaches $121.74 billion after $6.5b jump

XRP moved back above $2 after a $6.5 billion addition to its market capitalization within 24 hours, according to CoinMarketCap. At press time, the token traded at $2.01 with a market cap of $121.74 billion, up from $115.15 billion. Technicals showed price below the 50-day SMA at $2.04 and the 200-day SMA at $2.47.