Crypto markets showed minimal movement on Wednesday, with Bitcoin hovering around $118,000 and Ethereum holding steady. At the time of writing, the total crypto market cap saw a marginal gain of 0.68 per cent to $3.93 trillion, even as the 24-hour trading volume decreased by 9.49 per cent to $196.73 billion.
Crypto Prices Hold Steady: Bitcoin Above $118,000, Ethereum Around $3,700
Bitcoin prices were down by 1.40 per cent and Ethereum prices were down by 2.21 per cent. Spark SPK was the most trending cryptocurrency, while Pudgy Penguins PENGU was the top gainer, and Conflux CFX was the top loser
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Spark SPK was the most trending cryptocurrency. Its price was up by 72.25 per cent to $0.112. Its 24-hour trading volume was $1.62 billion. Elsewhere, Pudgy Penguins PENGU was the top gainer. It was up by 21.71 per cent, and its 24-hour trading volume was $2.75 billion. Conflux CFX was the top loser, and it was down by 14.44 per cent, while its 24-hour trading volume was $436.34 million.
The DeFi market cap was at $51.58 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices were up by 0.51 per cent to $118,458.62. Its 24-hour trading volume was $73.15 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.
Ethereum (ETH): Ethereum prices were up by 0.26 per cent to $3,695.56. Its 24-hour trading volume was $39.72 billion, and its market dominance was 9.2 per cent.
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Tether (USDT): Tether was trading at $1.00. It was down by 0.01 per cent. Its 24-hour trading volume was $148.40 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana prices were up by 0.43 per cent to $200.16. Its 24-hour trading volume was $13.39 billion.
Avalanche AVAX was trading at $25.31, down by 0.73 per cent. Its 24-hour trading volume was $1.03 billion.
Cardano ADA was trading at $0.8735, down by 0.23 per cent. Its 24-hour trading volume was $1.63 billion.
Meme Coins
Dogecoin was down by 1.51 per cent, with a 24-hour price of $0.2612.
Shiba Inu was down by 0.41 per cent to $0.00001504.
Decentralised Finance
DeFi Coin was down by 1.96 per cent, and it was trading at $0.003158.
Yearn Finance was down by 1 per cent to $6,067.90, with a 24-hour trading volume of $23.02 million.
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