Crypto Market Plunges 10%, Trading Volume Dips; Bitcoin, Ethereum Down

The global crypto market declined on Tuesday, with the total market cap down by 10.23 per cent to $2.76 trillion and total trading volume marginally down by 2.53 per cent to $183.96 billion.

Bitcoin BTC was the most trending cryptocurrency. It was down by 9.77 per cent to $83,688.21. Its 24-hour trading volume was $75.63 billion. Pi PI was the top gainer. It was up by 1.93 per cent. Its 24-hour trading volume was $758.52 million. Cardano ADA was the top loser. It was down by 25.75 per cent. Its 24-hour trading volume was $6.43 billion.

DeFi was down by 9.19 per cent to $10.29 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 9.77 per cent to $83,688.21. Its 24-hour trading volume was $75.63 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 60.36 per cent.

Ethereum: Ethereum ETH was down by 15.12 per cent to $2,071.86 from the previous day. Its 24-hour trading volume was $36.13 billion. Ethereum’s market dominance was 13.3 per cent.

Tether: Tether USDT was trading at $0.9994. It was down by 0.02 per cent. Its 24-hour trading volume was $145.27 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 19.50 per cent to $137.13. Its 24-hour trading volume was $9.46 billion.

Avalanche AVAX was trading at $19.87, down by 18.65 per cent. Its 24-hour trading volume was $711.06 million.

Cardano ADA was down by 25.75 per cent to $0.8059 from the previous day. Its 24-hour trading volume was $6.43 billion.

Meme Coins

Dogecoin DOGE was down by 15.19 per cent, with a 24-hour price of $0.1926.

Shiba Inu SHIB was down by 12.85 per cent to $0.00001261.

Decentralised Finance

DeFi coin was trading at $0.007210, down by 11.70 per cent.

Yearn Finance YFI was down by 9.25 per cent to $5,231.56 in the last 24 hours. Its 24-hour trading volume was $36.45 million.