Cryptocurrency

Ethereum has hit a record high in the last 24 hours.

ETH, the world’s second most valuable crypto, hit $4,768 and is worth $4,751 at the time of writing (7am UK).

The smart contract blockchain platform is 12% up over seven days.

Ether has gained 59% since the start of October, while market leader Bitcoin is up 51% over the same period.

The bull market has been attributed to last month’s launch of a US futures-based Bitcoin exchange-traded fund, while Australia’s biggest bank is to offer crypto trading to retail customers and there has also been vocal backing for the sector from the mayors of New York and Miami.

Bitcoin (BTC) is just short of its record $67,016 valuation after climbing to $66,000.

It is up 9% on last Monday morning.

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Binance Coin (BNB) jumped from $591 on Friday to $647, leaving it 25% up in a week, while Solana (SOL) climbed from $242 to $245 in the same period and is 19% up on last Monday’s valuation.

Polkadot (DOT) sneaked back above $53 and is 24% up over seven days.

Cardano (ADA) gained four cents over the weekend to $2.05, leaving it 6% up over seven days, while Ripple’s XRP moved from $1.19 to $1.29 and is 18% up on last Monday.

Dogecoin maintained its return to dominance over ‘Dogecoin killer’ SHIBA INU (SHIB), sitting at more than 27c with a market cap of $35.9 billion.

The latter, an Ethereum-based spinoff from DOGE which had rocketed past its parent coin in terms of market cap early last week, is now worth $29.4bn.

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The overall market cap of the more than 13,700 coins is at a record $2.87 trillion.

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.