Ethereum back under $3k as majors slump BusinessCloud

Smart contract blockchain platform Ethereum (ETH) dropped under $3,000 after shedding 6% of its value in 24 hours.

At the time of writing (7am UK), the world’s second most valuable crypto is 1% down over seven days.

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After China’s central bank banned crypto transactions on Friday, the market seemed to have stabilised towards the end of the weekend. Although market leader Bitcoin (BTC) dropped 4% in the last 24 hours to around $42,500, its price mirrors that of last Tuesday.

Cardano (ADA), in third spot in the valuation table, also dipped 4% to $2.16. The proof-of-stake blockchain platform is 4% up over seven days.

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Binance Coin (BNB) also dropped 4% to $340 and is 6% below its value a week ago.

Ripple’s XRP also fell 4% to 94 cents, exactly where it was last Tuesday.

Solana (SOL) is at $137, down 2% in 24 hours and a half percentage point over seven days.

Polkadot (DOT) suffered a 6% dive to $28 and is 2% down on its price last Tuesday.

Meme coin Dogecoin (DOGE) is heading towards 20c after a 3% fall in 24 hours and is 2% down in a week.

Fantom (FTM) was the big winner among the top 100 coins, rising 11% to $1.34 which puts it 22% up over seven days.

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Perpetual Protocol (PERP) fared the worst, dropping 16% to around $15. It is 18% down over seven days.

The overall market cap of the more than 12,100 coins is at $1.88 trillion, a 3.8% decrease in the last 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.