The global crypto market decreased on Monday, at the time of writing, with the total market cap down by 5.11 per cent to $3.43 trillion. The total trading volume was up by 36.93 per cent to $111.42 billion.
Bitcoin was down by 4.41 per cent, while Ethereum was down by 5.77 per cent. Bitcoin BTC was also the most trending while AIOZ Network AIOZ was the top gainer cryptocurrency and Fartcoin FART was the top loser
The global crypto market decreased on Monday, at the time of writing, with the total market cap down by 5.11 per cent to $3.43 trillion. The total trading volume was up by 36.93 per cent to $111.42 billion.
Bitcoin BTC was the most trending cryptocurrency. It was down by 4.41 per cent to $100,467.15. Its 24-hour trading volume was 36.31 billion. AIOZ Network AIOZ was the top gainer. It was up by 8.69 per cent. Its 24-hour trading volume was $154.74 million. Fartcoin FART was the top loser.It was down by 24.53 per cent. Its 24-hour trading volume was $292.33 million.
DeFi was up by 0.38 per cent to $9.69 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin is approaching a critical support level at $100,000. A firm close below this level could signal a potential decline, with the next major support around $90,000. If the price fails to hold above $100,000, it may trigger increased selling pressure and a pullback toward lower levels. Traders will likely watch for any signs of consolidation or reversal near this support. However, if Bitcoin manages to hold above $100,000, it could indicate a continuation of the current uptrend. Monitoring key price action in the coming days will be crucial to understanding Bitcoin's near-term."
Bitcoin: Bitcoin BTC was down by 4.41 per cent to $100,467.15. Its 24-hour trading volume was 36.31 billion. It is currently ranked one on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.0 per cent.
Ethereum: Ethereum ETH was down by 5.77 per cent to $3,151.05 from the previous day. Its 24-hour trading volume was $20.23 billion. Ethereum’s market dominance was 11.6 per cent.
Tether: Tether USDT was trading at $0.9996. It was down by 0.02 per cent. Its 24-hour trading volume was $85.43 billion. It is currently ranked fourth on Coinmarketcap.
Solana SOL was down by 10.73 per cent to $230.72. Its 24-hour trading volume was $6.65 billion.
Avalanche AVAX was trading at $34.82, down by 7.65 per cent. Its 24-hour trading volume was $409.18 million.
Cardano ADA was down by 7.16 per cent to $0.9134 from the previous day. Its 24-hour trading volume was $746.65 million.
Dogecoin DOGE was down by 8.74 per cent, with a 24-hour price of $0.3242.
Shiba Inu SHIB was down by 8.44 per cent to $0.00001842.
DeFi coin was trading at $0.05707, up by 34.35 per cent.
Yearn Finance YFI was down by 6.37 per cent to $7,055.47 in the last 24 hours. Its 24-hour trading volume was $20.77 million.