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Crypto Market Dips, Trading Volume Declines 9 Per Cent; Bitcoin, Ethereum Down

Bitcoin was down by 1.72 per cent, while Ethereum was down by 0.76 per cent. Bitcoin BTC was the trending cryptocurrency, while Ethena ENA was the top gainer, and Kaspa KAS was the top loser

The global crypto market decreased on Saturday, with the total market cap down by 1.21 per cent to $2.84 trillion. The total trading volume was down by 9.62 per cent to $117.8 billion.

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Bitcoin BTC was the most trending cryptocurrency. It was down by 1.72 per cent to $86,348.15. Its 24-hour trading volume was $52.12 billion. Ethena ENA was the top gainer. It was up by 16.83 per cent. Its 24-hour trading volume was $696.71 million. Kaspa KAS was the top loser. It was down by 13.62 per cent. Its 24-hour trading volume was $78.68 million.

DeFi was up by 0.76 per cent to $7.15 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin was down by 1.72 per cent to $86,348.15. Its 24-hour trading volume was $52.12 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 60.40 per cent.

Ethereum (ETH): Ethereum was down by 0.76 per cent to $2,146.46. Its 24-hour trading volume was $18.12 billion, and its market dominance was 13.3 per cent.

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Tether: Tether USDT was trading at $0.9997. It was down by 0.02 per cent. Its 24-hour trading volume was $90.78 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana was down by 0.43 per cent to $140.75. Its 24-hour trading volume was $5.3 billion.

Avalanche AVAX was trading at $20.02, down by 1.69 per cent. Its 24-hour trading volume was $439.07 million.

Cardano ADA was trading at $0.8265, down by 4.56 per cent. Its 24-hour trading volume was $2.77 billion.

Meme Coins

Dogecoin was down by 0.93 per cent, with a 24-hour price of $0.00001308.

Shiba Inu was down by 3.15 per cent to $0.00001326.

Decentralised Finance

DeFi Coin was down by 16.65 per cent, and it was trading at $0.006435.

Yearn Finance was down by 0.56 per cent to $5,358.35, with a 24-hour trading volume of $27.04 million.

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