Cryptocurrency

The cryptocurrency market rebounded in the last 24 hours following a sharp fall when Russia’s invasion of Ukraine began.

After Vladimir Putin seemed to declare war on Ukraine by sending troops into the sovereign country – with world leaders condemning Russia’s actions as fighting broke out in many areas on Thursday – the price of several major coins tanked by 15%.

However the market stabilised then recovered by Friday morning.

One coin stood out: Terra (LUNA), which lost the smallest amount when the invasion destabilised the markets, added an astonishing 28% from Thursday morning to Friday.

LUNA stand at $66.95 at the time of writing (7am UK) and is the only major to be up over the course of a week: it is 31% higher than its price last Friday morning.

Avalanche (AVAX) jumped 14% to $75.63 yet is 15% down over seven days.

Market leader Bitcoin (BTC) gained 11% to around $38,700 and is 5% down in a week.

Cardano (ADA) reached 85 cents with a 10% gain but is 18% down in a week.

Meme coin Dogecoin (DOGE) also gained 10% and is above 12c, down 13% in a week.

 

Ethereum (ETH), the world’s second most valuable coin, climbed 12% – the same amount it had lost in the previous 24-hour period – to top $2,600. ETH is 10% down on its price a week ago.

Binance Coin (BNB) and Ripple (XRP) each gained 10%, to $362 and 70c respectively, which leaves them 11% and 13% down over seven days.

Polkadot (DOT) is up 11%, standing at $16.12 with a seven-day price fall of 12%.

 

Solana (SOL) recovered the 9% it had lost in the previous 24-hour period to almost $89 and is 7% down on its price last Friday morning.

To see how the valuations of the biggest movers and shakers – and main coins – have changed in 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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