Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos


Bitcoin slipped and Ether inched up in Asian trading on Friday afternoon, with Dogecoin leading gains across the top 10 non-stablecoin cryptocurrencies by market capitalization.

See related article: Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S. 

Fast facts

  • Bitcoin lost 0.04% over the past 24 hours to change hands at US$16,838 by 4:30 p.m. in Hong Kong, and Ether gained 0.22% to US$1,218, according to CoinMarketCap.

  • Dogecoin increased 5.62% to US$0.07793. Twitter on Thursday enabled a search feature that will display some crypto prices, including Bitcoin and Ether, but the feature is not yet available for Dogecoin.

  • Cardano rose 2.75% to US$0.2596. Cardano’s algorithmic stablecoin, Djed, will launch in January.

  • XRP increased 1.3% to US$0.3487. Matt Hamilton, Ripple’s former principal developer advocate, said that the blockchain will soon feature smart contracts, which are currently in development.

  • Asia equity markets retreated following Wall Street’s loss overnight. Japan’s Nikkei 225 dropped 1.03%, the Shanghai Composite Index decreased 0.28%, and Hong Kong’s Hang Seng Index inched down 0.29%.

  • The Bank of Korea said on Friday that its interest rate policy will remain focused on tackling inflation next year.

See related article: The last 12 months the year to forget, says India’s WazirX crypto exchange 





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