The $XRPprice on Bittrex has skyrocketed to a high of $0.90 amid a price glitch on the crypto exchange triggered by its decision to shut down all trading activities.

$XRPhas declined 5.7% over the past 24 hours to a current price of $0.6289. While the digital asset has failed to reclaim the $0.90 price territory since slipping below it in July, charts on crypto exchange Bittrex suggest it has skyrocketed back to the threshold.

xrp glitch price - XRP Price Glitch Takes XRP to $0.90 on Bittrex

Per datafrom TradingView, the Bittrex $XRP/USDT chart recorded massive intraday spikes from Tuesday, Dec. 5, to Friday, Dec. 8.

xrp glitch price - XRP Price Glitch Takes XRP to $0.90 on Bittrex

Notably, the $XRPprice surged 43.59% on Tuesday, 55.55% on Wednesday, and 124.95% on Friday. Interestingly, Thursday was missing from the chart, emphasizing the anomaly.

These surges resulted in the price of $XRPrallying from $0.6266 on Dec. 5 to a high of approximately $0.90 on Friday.

$XRP Price Glitch on Bittrex - The Crypto Basic"> $XRPPrice Glitch on Bittrex

However, this price position is far from the reality in the market. Realistically, $XRPis only 1.2% up from its price on Dec. 5. The digital asset is also facing massive declines like the rest of the crypto market.

The recent price spikes on Bittrex are a glitch attributed to the exchange’s decision to wind down operations.

The Crypto Basic reported last monththat Bittrex Global had disclosed plans to suspend all trading activities and shut down operations on Dec. 4. The decision came up shortly after the exchange’s battle with the U.S. SEC.

$XRPPrice Faces A History of Glitches

Several $XRPcommunity members have speculated that the current situation represents one of the multiple cases of price glitches peculiar to $XRPover the past few months.

One of these instances saw $XRPskyrocketto a high of $50 on U.S.-based exchange Gemini. This resulted from a thin order book, as Gemini had just listed $XRP.

In October, $XRPrecorded another glitch, surging to a high of $34,603 on CoinMarketCap. Notably, Bitcoin’s price replaced $XRP’s price on the price-tracking platform at the time. In another instance in October, the $XRPcommunity witnessed $XRPrise to $5,805 on Binance.

However, not all price glitches resulted in price surges. In mid-October, crypto exchange Bitstamp had to suspend $XRPtrading on its platform temporarily. Notably, several users had taken to X to highlight a strange $XRPprice crash on the platform from $0.50 to $0.4587.

Nonetheless, the latest situation with Bittrex is not a glitch uniquely affecting the $XRPprice. Instead, it is due to the winding down of trading on the exchange. Other assets, including Bitcoin, also witness prices that are different from their actual market values.