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December 23, 2022

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

Bitcoin slipped and Ether rose in Asian trade on Friday afternoon, led by Dogecoin among the top 10 volatile cryptocurrencies by market capitalization.

Fast facts

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

Dogecoin increased 5.62% to $0.07793. On Thursday, Twitter launched a search function that shows some crypto prices, including Bitcoin and Ether, but the function is not yet available for Dogecoin.

Cardano rose 2.75% to $0.2596. Cardano algorithmic stablecoin Djed will launch in January.

XRP increased 1.3% to $0.3487. Attorney Matt Hamilton, Ripple former lead developer, said the blockchain will soon include smart contracts, which are currently under development.

Asia shares retreated after overnight losses on Wall Street. Japan Nikkei 225 fell 1.03%, the Shanghai Composite fell 0.28% and Hong Kong Hang Seng lost 0.29%.

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