The global crypto market declined marginally on Tuesday. The total market cap was down by 0.57 per cent to $3.43 trillion, even as the total trading volume was up by 3.86 per cent to $107.73 billion.
Ethereum ETH was the most trending cryptocurrency. It was up by 0.74 per cent to $2,588.63. Its 24-hour trading volume was $14.23 billion. PancakeSwap CAKE was the top gainer. It was up by 11.38 per cent, and its 24-hour trading volume was $179.41 million. Bonk BONK was the top loser. It was down by 5.95 per cent, and its 24-hour trading volume was $278.57 million.
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DeFi was down by 0.05 per cent to $34.10 billion, Coinmarketcap.com reported.
CoinSwitch said Bitcoin briefly touched an intra-day high of $110,000 after Strategy purchased 4,020 Bitcoins for $427 million at an average price of $106,000, alongside reports that US President Donald Trump’s media company is aiming to raise $3 billion to invest in crypto.
“The price later pulled back, with Bitcoin currently trading around $108,400. Ethereum remains stable near the $2,500 mark. In the Middle East, the Dubai Land Department has launched Prypco Mint, the region’s first tokenised property investment platform, highlighting the growing interest in real-world asset tokenisation,” it said.
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Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 0.59 per cent to $109,004.23. Its 24-hour trading volume was $49.01 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.40 per cent.
Ethereum: Ethereum ETH was up by 0.74 per cent to $2,588.63. Its 24-hour trading volume was $14.23 billion, and its market dominance was 9.10 per cent.
Tether: Tether USDT was trading at $1. It was down by 0.06 per cent. Its 24-hour trading volume was $68.42 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana was down by 2.09 per cent to $173.97. Its 24-hour trading volume was $2.80 billion.
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Avalanche AVAX was trading at $23.63, up by 0.86 per cent. Its 24-hour trading volume was $648.01 million.
Cardano ADA was trading at $0.7563, down by 1.32 per cent. Its 24-hour trading volume was $650.18 million.
Meme Coins
Dogecoin was down by 1.45 per cent, with a 24-hour price of $0.2246.
Shiba Inu was down by 1.46 per cent to $0.00001439.
Decentralised Finance
DeFi Coin was up by 23.35 per cent, and it was trading at $0.004209.
Yearn Finance was down by 1.30 per cent to $5,542.65, with a 24-hour trading volume of $13.68 million.
