News

XRP shoots up to $1.53 as coins bounce back – crypto movers and shakers

The valuation of Ripple has jumped 11% in 24 hours to reach $1.53 at 7 am on Tuesday.

The Ripple coin had shed 14% of its value in the previous 24 hours but bounced back along with almost every other crypto. It is 9% up on seven days ago.

Bitcoin (BTC), which had dropped under $43,000 by Monday morning, reclaimed 6% of its value to go above $45,300. However, it is still $5,000 lower than its position on Friday morning and is 17% down on its position a week ago.

It could be the start of a renewed backing for the poster-child crypto which started the digital currency revolution after it was damaged by Tesla’s decision to no longer accept it as a payment method last week due to environmental concerns.

Tesla CEO Elon Musk’s public backing for ‘meme’ coin DOGE has seen it hit the top five cryptos for the market cap in recent times. After it fell back almost 10% in 24 hours to 48 cents from Sunday to Monday, it has climbed 2% to 50c and is up 5% seven days ago.

Ethereum (ETH) climbed 3.5% to $3,527 but has lost 9% of its value in a week.

Litecoin (LTC) is up 9% in value in 24 hours to around $307, recovering ground lost in the previous 24-hour period. The altcoin – billed a lighter and faster version of Bitcoin – is worth 14% less than a week ago.

The biggest climbers were Polygon (MATIC), up 33% to $2.18 and worth 162% more than its position last Tuesday; and Aave (AAVE), which hit $653 after adding a third of the value.

After a whole host of coins dropped between 12-18% value from Sunday to Monday tied to the Bitcoin fall, almost every crypto bounced back from Monday to Tuesday. Most gained between 5-15%.

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.

What is your reaction?

Excited
1
Happy
1
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News

Next Article:

0 %