Cryptocurrencies have fallen in value across the board in the last 24 hours.
At the time of writing (7am), Bitcoin (BTC) was down more than 7% to below $55,000 having stabilised around $59,000 in the last week.
Ripple’s XRP coin dived almost 12% to $1.41. Yesterday it was at $1.59 and it hit $1.68 last week.
Ethereum (ETH), which had enjoyed a prolonged period of growth – reaching $4,128 yesterday having added a third in value in a week – was down 6% to $3,889. However it remains more than 15% higher than its position seven days ago.
Dogecoin again fell 10% in 24 hours to 48 cents and is 9% higher than seven days ago.
Originally created as a joke – and based on a meme – DOGE has benefited from the support of SpaceX and Tesla entrepreneur Elon Musk. However it has fallen dramatically after he labelled it a ‘hustle’ while hosting Saturday Night Live this weekend.
‘Dogecoin is the new GameStop’ – are crypto investors going to get burned?
Litecoin (LTC) has dropped 11% in value in 24 hours to around $357. The altcoin – billed a lighter and faster version of Bitcoin – is up 23% in the last seven days.
Ether’s sibling Ethereum Classic (ETC) is at $104, 18% lower than Monday morning and well below its remarkable record show of $177 last week. One of the biggest drops in recent hours, it has, however, doubled its value over seven days.
The biggest fall in the 24-hour period was Bitcoin Diamond (BCD), down 26% to $6.49 but still up almost 150% on a week ago.
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To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.
For up-to-the-minute valuations of the top 100 coins by market cap, and the one-hour price change, see below.
To see the Crypto Rich List, the world’s richest people in cryptocurrency, scroll down to the bottom of the page.
The Crypto Rich List: Who are the world’s richest people in cryptocurrency?
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