Crypto Market Declines Marginally, Trading Volume Dips 23 Per cent; Bitcoin, Ethereum Down

Bitcoin was down by 3.01 per cent, while Ethereum was down by 3.15 per cent. Jupiter JUP was the most trending while GateToken GT was the top gainer cryptocurrency and Official Melania Meme MELANIA was the top loser

Outlook Money

Updated on: 23 January 2025 1:46 pm

The global crypto market decreased marginally on Thursday, at the time of writing, with the total market cap down by 2.96 per cent to $3.52 trillion. The total trading volume was down by 23.36 per cent to $147.8 billion.

Jupiter JUP was the most trending cryptocurrency. It was down by 10.63 per cent to $0.781. Its 24-hour trading volume was 605.86 million. GateToken GT was the top gainer. It was up by 4.81 per cent. Its 24-hour trading volume was $34.51 million. Official Melania Meme MELANIA was the top loser. It was down by 22.51 per cent. Its 24-hour trading volume was $274.01 million.

DeFi was up by 4.06 per cent to $10.81 billion, Coinmarketcap.com reported.

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 3.01 per cent to $102,196.00. Its 24-hour trading volume was $59.45 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 3.15 per cent to $3,204.82 from the previous day. Its 24-hour trading volume was $22.34 billion. Ethereum’s market dominance was 11.6 per cent.

Tether: Tether USDT was trading at $0.9991. It was down by 0.05 per cent. Its 24-hour trading volume was $114.22 billion. It is currently ranked fourth on Coinmarketcap.