Crypto Market Gains Marginally, Trading Volume Up 25.16 Per Cent; Bitcoin, Ethereum Up

The global crypto market cap increased by 0.22 per cent in the last 24 hours, reaching $2.98 trillion. The total crypto market volume increased by 25.16 per cent reaching $86.1 billion. DeFi volume is currently at $5.88B, while Stablecoin volume is at $81.18 billion, accounting for 94.28 per cent of the total crypto market.

Virtual Protocols VIRTUAL was the most trending cryptocurrency. It was up by 13.01 per cent. Its 24-hour trading volume was $544.71 million. Solayer LAYER was the top gainer. It was up by 24.21 per cent. Its 24-hour trading volume was $250.35 million. DeepBook Protocol DEEP was the top loser. It was down by 25.44 per cent. Its 24-hour trading volume was $297.7 million.

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin was up by 0.24 per cent to $94.955.08. Its 24-hour trading volume was $30.84 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 63.25 per cent.

Ethereum (ETH): Ethereum was up by 1.13 per cent to $1,830. Its 24-hour trading volume was $17.1 billion, and its market dominance was 7.3 per cent.

Tether: Tether USDT was trading at $1, same as yesterday. Its 24-hour trading volume was $65.62 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana was down by 2.57 per cent to $148.57. Its 24-hour trading volume was $3.14billion.

Avalanche AVAX was trading at $22.13, own by 0.45 per cent. Its 24-hour trading volume was $302.93 million.

Cardano ADA was trading at $0.7133, down by 1.17 per cent. Its 24-hour trading volume was $821.51 million.

Meme Coins

Dogecoin was down by 1.95per cent, with a 24-hour price of $0.1786.

Shiba Inu was down by 3.77 per cent to $0.00001364.

Decentralised Finance

DeFi Coin was down by 1.39 per cent, and it was trading at $0.008195.

Yearn Finance was down by 4.67 per cent to $5,857.24.14, with a 24-hour trading volume of $22.64 million.