Cryptocurrency ripple fell Tuesday on the Bitstamp exchange, adding to sharp losses from the previous day.

The price of the digital currency dropped 12.8 percent and was at $2.12 as of 4:56 p.m. ET.

Ripple shed more than 8 percent Monday as prices of several digital currencies also declined. Bitcoin briefly dropped more than 10 percent before finishing the day down about 2 percent. Litecoin also fell Monday.

Coinmarketcap.com, an industry site, showed ripple down more than 30 percent at one point on Monday. The sharp move lower appeared to be a reflection of the site excluding certain prices from Korean exchanges. Other sites and exchanges showed ripple down more than 10 percent at the time.