Crypto Market Rises Even As Trading Volume Declines 27%; Bitcoin Up, Ethereum Down

The global crypto market increased marginally on Friday. The total market cap was up by 0.30 per cent to $3.34 trillion, while the total trading volume was down by 27 per cent to $147.77 billion.

Thane THE was the most trending cryptocurrency. It was up by 9.32 per cent to $3.10. Its 24-hour trading volume was 2.30 billion. Algorand ALGO was the top gainer. It was up by 20.15 per cent. Its 24-hour trading volume was $596.15 billion. Fantom FTM was the top loser. It was down by 5.84 per cent. Its 24-hour trading volume was $469.72 million.

DeFi was down by 9.32 per cent to $9.76 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 0.62 per cent to $96,405.70. Its 24-hour trading volume was $48.74 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 59.5 per cent.

Ethereum: Ethereum ETH was down by 0.45 per cent to $3,580.52 from the previous day. Its 24-hour trading volume was $29.27 billion. Ethereum’s market dominance was 13.3 per cent.

Tether: Tether USDT was trading at $1. It was up by 0.08 per cent. Its 24-hour trading volume was $120.74 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 0.06 per cent to $240.56. Its 24-hour trading volume was $3.77 billion.

Avalanche AVAX was trading at $43.13, up by 0.67 per cent. Its 24-hour trading volume was $644.53 billion.

Cardano ADA was up by 2.95 per cent to $1.04 from the previous day. Its 24-hour trading volume was $1.58 billion.

Meme Coins

Dogecoin DOGE was down by 1.47 per cent, with a 24-hour price of $0.405.

Shiba Inu SHIB was down by 0.40 per cent to $0.00002569.

Decentralised Finance

DeFi coin was trading at $0.01816, up by 0.46 per cent.

Yearn Finance YFI was down by 1.36 per cent to $7,295.97 in the last 24 hours. Its 24-hour trading volume was $19.77 million.