Cryptocurrency

The major cryptocurrencies have continued to fall in value over the weekend, with meme coin Dogecoin hit hardest of the top 10.

At the time of writing (7am), DOGE – which was created as a crypto parody – has dropped 6% in 24 hours to below 27 cents. It was above 30c on Friday morning, having fallen in the latter half of last week, and is down 18% over seven days.

Bitcoin (BTC) is below $34,500 thanks to a 4% fall in 24 hours. The original crypto had clawed its way back above $40,000 after previously dropping towards $30k, but that recovery has stalled in recent days. BTC is down 13% in a week.

Ethereum (ETH) also dipped 4% towards $2,100, and is down 15% on its price seven days ago.

Ripple’s XRP coin also fell 4% to 73c. It was at 84c on Friday morning and is 17% down over seven days.

Cardano (ADA) is at $1.37 after suffering a 3% dip which puts it 11% below its value last Monday. It is now valued at $4bn less than Coinbase after topping the exchange last week.

The overall market cap of the approximate 10,500 coins is at $1.44 trillion, having shed 4% in 24 hours. It climbed above $2.5tr in May. Coinbase co-founder Fred Ehrsam has said in recent days that the majority of  cryptocurrencies and crypto-assets “won’t work”.

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

Only a handful of the top 100 coins gained in value, and none by more than 3%. Stacks (STX) and Nexo (NEXO) fared the worst, each dropping 12% over 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. 

Cryptocurrency