Crypto Market Dips, Trading Volume Falls 16 Per Cent; Bitcoin, Ethereum Down

The global crypto market decreased marginally on Wednesday. The total market cap was down by 2.35 per cent to $2.45 trillion, even as the total trading volume was down by 16.31 per cent to $129.99 billion.

Aergo AERGO was the most trending cryptocurrency. It was down by 5.75 per cent to $0.1306. Its 24-hour trading volume was $457.27 million. Story IP was the top gainer. It was up by 5.18 per cent, and its 24-hour trading volume was $99.41 million. AB AB was the top loser. It was down by 17.86 per cent. Its 24-hour trading volume was $$70.67 million.

DeFi was down by 0.77 per cent to $8.92 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin was down by 2.11 per cent to $77,331.67. Its 24-hour trading volume was $57.62 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 5.91 per cent to $1,479.12. Its 24-hour trading volume was $27.74 billion, and its market dominance was 13.3 per cent.

Tether: Tether USDT was trading at $0.9995. It was down by 0.01 per cent. Its 24-hour trading volume was $97.71 billion. It is currently ranked fourth on Coinmarketcap.

Other Altcoins

Solana was down by 2.13 per cent to $106.50. Its 24-hour trading volume was $5.78 billion.

Avalanche AVAX was trading at $16.54, down by 2.60 per cent. Its 24-hour trading volume was $422.42 million.

Cardano ADA was trading at $0.5688, down by 2.75 per cent. Its 24-hour trading volume was $1.47 billion.

Meme Coins

Dogecoin was down by 3.75 per cent, with a 24-hour price of $0.1458.

Shiba Inu was down by 2.78 per cent to $0.00001093.

Decentralised Finance

DeFi Coin was down by 22.44 per cent, and it was trading at $0.002985.

Yearn Finance was up by 0.55 per cent to $4,510.81, with a 24-hour trading volume of $26.96 million.