XRP outruns bitcoin, ether after investors piled into the recent crash

Payments-focused cryptocurrency XRP XRP$1.4930 $XRP is rising faster than bitcoin BTC$68,515.70 $BTC and ether ETH$1,970.18 $ETH as investors hunt for bargains following a price crash earlier this month.

XRP's price has rallied 38% to $1.55 since hitting a low on Feb. 6, according to CoinDesk data. The price has jumped by more than 5% in the past 24 hours alone.