Bitcoin and Ethereum prices inched up in Tuesday afternoon trading in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. XRP led gains at 3.22%, followed by Polygon at 1.76% and Litecoin at 1.74%.
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Fast facts
Bitcoin, the largest cryptocurrency by market capitalization, gained 0.02% to US$16.733 at 4 p.m. in Hong Kong on Tuesday, while Ethereum rose 0.32% to US$1,217, according to CoinMarketCap .
XRP increased the most, by 3.22% to trade at US$0.3489, after dropping 5.2% in the last seven days.
Polygon’s Matic token rose 1.76% to US$0.7845, and has dropped 3.65% for the week. The token was one of the top 10 most purchased coins by 500 biggest Ethereum whales this New Year’s day , according to data from crypto whale tracker WhaleStats.
Litecoin rose 1.74% to US$75.99 in the last 24 hours and has gained 8.08% in the last seven days. Litecoin Foundation, the organization behind the cryptocurrency, has said the network completed over a record 39 million transactions in 2022.
Most Asian markets were up on Tuesday with the Shanghai Stock Exchange closing 0.88% higher and Hong Kong’s Hang Seng Index stronger by 1.84% at Tuesday’s close. Asian markets have been rising since China announced plans to relax pandemic measures.
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