FinTech

The value of the most popular digital currencies is bouncing back after dramatic falls last week.

Following reports that American President Joe Biden plans to increase taxes on the rich, the crypto market was a sea of red last week as BTC dropped below $50,000.

However after the weekend, BTC reclaimed some of the lost ground and is back up to almost $52,500, down more than 7% on a week ago. At the time of writing (7am), it has climbed almost 6% in 24 hours.

Ethereum (ETH) is valued at $2,469, up almost 13% in 24 hours and almost 9% higher than seven days ago. 

Ripple (XRP) is worth $1.16, up more than 10% in 24 hours but still 24% down on this time last week. 

Headline-grabbing Dogecoin (DOGE), which last week broke the 40c barrier after an astronomic rise before falling right back to almost 20c, is worth 27 cents – down 4% in 24 hours. 

The future of crypto – and creating a fairer financial ecosystem

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

For up-to-the-minute valuations of the top 100 coins by market cap, and the seven-day price change, see below.

To see the Crypto Rich List, the world’s richest people in cryptocurrency, scroll down to the bottom of the page.

The Crypto Rich List: Who are the world’s richest people in cryptocurrency?

 

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