Cryptocurrency

Smart contract blockchain platform Ethereum (ETH) dropped under $3,000 after shedding 6% of its value in 24 hours.

At the time of writing (7am UK), the world’s second most valuable crypto is 1% down over seven days.

After China’s central bank banned crypto transactions on Friday, the market seemed to have stabilised towards the end of the weekend. Although market leader Bitcoin (BTC) dropped 4% in the last 24 hours to around $42,500, its price mirrors that of last Tuesday.

Cardano (ADA), in third spot in the valuation table, also dipped 4% to $2.16. The proof-of-stake blockchain platform is 4% up over seven days.

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Binance Coin (BNB) also dropped 4% to $340 and is 6% below its value a week ago.

Ripple’s XRP also fell 4% to 94 cents, exactly where it was last Tuesday.

Solana (SOL) is at $137, down 2% in 24 hours and a half percentage point over seven days.

Polkadot (DOT) suffered a 6% dive to $28 and is 2% down on its price last Tuesday.

Meme coin Dogecoin (DOGE) is heading towards 20c after a 3% fall in 24 hours and is 2% down in a week.

Fantom (FTM) was the big winner among the top 100 coins, rising 11% to $1.34 which puts it 22% up over seven days.

Perpetual Protocol (PERP) fared the worst, dropping 16% to around $15. It is 18% down over seven days.

The overall market cap of the more than 12,100 coins is at $1.88 trillion, a 3.8% decrease in the last 24 hours.

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. 

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