XRP and ADA up despite top two’s fall

Ripple’s XRP token was one of three majors to climb in value over the last 24 hours despite dips for both Bitcoin and Ethereum.

At the time of writing (7am), XRP was up almost 3% to 64c but remains 25% below its value seven days ago.

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Cardano (ADA), which recently topped the value of Coinbase but has since fallen behind by several billion dollars, is at $1.30 after a 2.5% rise. It is 14% below its value last Thursday.

Meme coin Dogecoin (DOGE) – which was created as a crypto parody – is up 8% to 23 cents after an 11% rise in the previous 24-hour period. Its seven-day price movement is down 25%.

Bitcoin (BTC) dropped below $33,000 after a 4% fall and is 15% down on its price a week ago.

Ethereum (ETH) fell back to $1,925 with a 5% dip in 24 hours, wiping out its gain from Tuesday to Wednesday. It is 20% down in a week.

The overall market cap of the approximate 10,500 coins is at $1.33 trillion, a 3% decrease in 24 hours.

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A crackdown in South Korea yesterday saw $47 million of cryptoassets confiscated from 12,000 people accused of tax evasion. 

A report from the Bank for International Settlements also accused cryptocurrencies of “working against the public good… these are speculative assets rather than money”. 

However, as the body represents the world’s central banks, which control the distribution of traditional fiat currency, this shouldn’t come as a surprise, likewise its advocacy for digital currencies backed by central banks.  

Aave (AAVE) was the biggest loser in the last 24 hours, dropping 13% to below $200. It has shed a third of its value in a week.

Klaytn (KLAY) was the biggest winner, climbing 44% to $1.23. It is 6% up in a week.

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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