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Markets: Bitcoin, Ether gain; Dogecoin is biggest loser in top 10 cryptos

Bitcoin and Ether gained in Asian trading on Tuesday afternoon, with Dogecoin leading declines across the top 10 non-stablecoin cryptos

From the Forkast crypto archive

Golden dogecoin coin. Cryptocurrency dogecoin. Doge cryptocurrency.

Bitcoin and Ether gained in Asian trading on Tuesday afternoon, with Dogecoin leading declines across the top 10 non-stablecoin cryptocurrencies.

See related article: Bankrupt Voyager Digital says it accepted Binance bid for assets valued at US$1B 

Fast facts

  • Bitcoin inched up 0.24% over the past 24 hours and was trading at US$16,785 by 4:30 p.m. in Hong Kong, and Ether declined 2.07% to US$1,207, according to CoinMarketCap.
  • Dogecoin declined 4.95% to US$0.07399, down by 16.44% over the last seven days. Twitter CEO Elon Musk did not immediately name his successor after Twitter users voted to oust him as company chief.
  • Litecoin gained 2.68% to US$64.94, down by 13.79% over the last seven days. Litcoin’s hash rate rose by about 9% in seven days.
  • BNB increased 0.32% to US$247.71. Bankrupt crypto lender Voyager said on Monday that it has accepted a bid by Binance.US for assets that Voyager valued at US$1.022 billion. On the same day, Reuters published a special report about a lack of clarity around Binance’s financial information.
  • Asia equity markets retreated following Wall Street’s losses overnight. Japan’s Nikkei 225 dropped 2.46%, the Shanghai Composite Index decreased 1.07%, and Hong Kong’s Hang Seng Index slipped 1.33%.
  • In a jolt to global markets, the Bank of Japan has unexpectedly widened its 10-year Japanese government bond yield range from 25 bps to 50 bps.

See related article: Bitcoin mining difficulty rises 3.27% in latest adjustment