Cryptocurrency

The cryptocurrency market rebounded in the last 24 hours following recent large-scale falls.

The freefall was instigated late last week when Russia’s central bank proposed a ban on the use and mining of cryptocurrencies on its territory.

After the market stabilised on Monday, it began the fightback on Tuesday, with all major coins bar one leaping in value.

Market leader Bitcoin (BTC) gained 4% to close on $37,500 at the time of writing (7am UK). It remains 10% down in a week.

Avalanche (AVAX) was the biggest gainer, topping $67.50 with a 9% climb. It is 20% down over seven days.

Binance Coin (BNB) added 6% to $381, which puts it 18% down in a week.

Ethereum (ETH), the world’s second most valuable coin, jumped 4% to above $2,450 and is 21% down in a week.

Ripple (XRP) added 5% to sit at 62c and is 16% down in a week, while Cardano (ADA) grew 3%, leaving it at $1.05 and 26% down over seven days.

Polkadot (DOT) is at $18.67, up 6% in the last 24 hours and 23% down over seven days.

Solana (SOL) gained 6% to $95 but is 31% lower than its price last Wednesday.

Meme coin Dogecoin (DOGE) reached 14 and a half cents thanks to an 8% climb. It is down 13% in a week.

Terra (LUNA) was the only major to fall, dropping 2% to $63. It is 19% down in a week.

 

The overall market cap of the more than 17,100 coins is at $1.68 trillion, up 3.8% in the last 24 hours.

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.