Cryptocurrency

The price of leading cryptocurrency XRP leapt 11% in 24 hours while the other majors barely moved.

At the time of writing (7am UK), Ripple’s coin is at 71 cents after rising 7c since Wednesday morning. It has added a quarter in value in a week.

Bitcoin has held its position just above $40,000 after leaping 8% in the previous 24-hour period.

Rumours at the weekend of a potential move by Amazon to accept payments in BTC had sent collective crypto prices soaring, moving BTC away from the $30,000 trap door which is considered by many to be a benchmark if there is to be another crypto winter.

Like the world’s most valuable digital currency – which is 26% up over seven days – the other top 8 coins gained less than half a percentage point from Wednesday to Thursday.

Ether (ETH) remains around $2,300 and is 17% up in a week, while Binance Coin (BNB) is up 9% over seven days with a price of $315.

Cardano (ADA) remains at $1.28 with a seven-day price which is up 11%.

Meme coin Dogecoin (DOGE) is just below 21c and 9% higher than its price seven days ago.

https://businesscloud.co.uk/the-future-of-crypto-and-creating-a-fairer-financial-ecosystem/

The cryptocurrency market gained just over 0.5% in value in the last 24 hours, with the 11,000 coins worth a collective $1.55 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. 

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Cryptocurrency