Cryptocurrency

The cryptocurrency market dropped almost 5% in the last 24 hours as all the major coins lost value.

Avalanche (AVAX) lost 8% to $73 at the time of writing (7am UK) and is 13% down in a week.

A 7% loss puts Solana (SOL) below $83, leaving it 18% down over the course of seven days.

Market leader Bitcoin (BTC) and Ethereum (ETH) each dropped 5% to $39,300 and below $2,600 respectively. They are 9% and 11% lower than their prices last Thursday morning.

Terra (LUNA) – the year’s stellar performer – only fell 2% following an astonishing 22% rise in the previous 24-hour period. LUNA is just below $95 and 2% higher than its price a week ago.

Ripple (XRP) shed 1% to fall away from 74 cents. That leaves it 4% down over seven days.

Cardano (ADA) lost 4% to drop towards 80c and is 13% down in a week while meme coin Dogecoin (DOGE) is down 5% and back below 12c. DOGE is 12% down in a week.

Binance Coin (BNB) is at $377 following a 5% loss. Its seven-day price is down 7%.

 

Polkadot (DOT) shed 5% to $16.81 and is 8% down in a week.

The overall market cap of the more than 18,000 coins is at $1.74 trillion, a 4.7% decrease in the last 24 hours.

To see how the valuations of the biggest movers and shakers – and main coins – have changed in the last few days, click here.

For valuations of the top 250 coins by market cap plus 24-hour price change and volume traded, see below.

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