Cryptocurrency

Another 4% was wiped from the cryptocurrency market in the last 24 hours as almost all the top 100 coins lost value.

Following a 5% drop in the previous 24-hour period, the fall means the overall market capitalisation of the approximate 10,800 coins is at $1.29 trillion.

The market cap was at $1.42tr on Monday morning.

Meme coin Dogecoin (DOGE) dropped another cent to 19c, following an 8% fall from Monday to Tuesday with a 6% drop into Wednesday at the time of writing (7am UK).

It has shed a fifth of its value in a week and dropped to eighth in the valuation league table, below stablecoin USDC. Only weeks ago DOGE, beloved of Tesla CEO Elon Musk, had made the top 5.

Ether (ETH) has also dropped a fifth of its value in a week after a 5.5% fall saw it plummet below $1,900.

Cardano (ADA) dived to $1.21 after a 7% fall which means its seven-day price is down 16%.

Bitcoin (BTC), the world’s most valuable cryptocurrency, is now below $32,000 following a 3% drop which puts it 9% down on last Wednesday.

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Ripple’s XRP coin fell below 60c after shedding another 4% in the last 24 hours – an 11% fall in a week.

Binance Coin (BNB) is now below $300. A 5% drop puts it at $294, 12% down in a week.

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

For valuations of the top 250 coins by market cap (updated every 15 minutes), their market cap plus 24-hour price change and volume traded, see below. 

Cryptocurrency