The global crypto market declined marginally on Wednesday. The total market cap was down by 2.22 per cent to $3.19 trillion, while the total trading volume was down by 6.24 per cent to $224.77 billion.
Evan EVAN was the most trending cryptocurrency. It was up by 36.67 per cent to $0.04529. Its 24-hour trading volume was 11.45 million. Fantom FTM was the top gainer. It was up by 8.85 per cent. Its 24-hour trading volume was $1.37 billion. Stellar XLM was the top loser. It was down by 13.66 per cent. Its 24-hour trading volume was $3.15 billion.
DeFi was up by 0.37 per cent to $14.29 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, co-founder and CEO, Unocoin said: “Bitcoin’s price has dropped by 8 per cent in four days to $92,479, retreating from the $100,000 milestone amid profit-taking and market turbulence fuelled by Trump’s trade policy announcements. This pullback reflects typical market cycles, with analysts predicting a stronger rebound driven by high investor interest. Metrics, such as the MVRV ratio and NUPL suggest the bull market will remains intact, with unrealised profits fuelling optimism. Capital inflows have surged to $99.5 billion in 30 days, while Stablecoin reserves on exchanges have also soared, indicating heightened market speculation. Pro-crypto policies, including the BITCOIN Act and potential SEC picks under Trump, will add to bullish sentiment, setting Bitcoin up for renewed momentum.”
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Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 2.11 per cent to $92,684.12. Its 24-hour trading volume was $91.11 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 0.72 per cent to $3,403.56 from the previous day. Its 24-hour trading volume was $40.76 billion. Ethereum’s market dominance was 13.3 per cent.
Tether: Tether USDT was trading at $0.9997. It was down by 0.05 per cent. Its 24-hour trading volume was $181.02 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was down by 3.75 per cent to $229.40. Its 24-hour trading volume was $7.15 billion.
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Avalanche AVAX was trading at $42.93, up by 1.71 per cent. Its 24-hour trading volume was $1.51 billion.
Cardano ADA was down by 2.50 per cent to $0.9613 from the previous day. Its 24-hour trading volume was $2.83 billion.
Meme Coins
Dogecoin DOGE was down by 3.94 per cent, with a 24-hour price of $0.3906.
Shiba Inu SHIB was down by 3.21 per cent to $0.00002451.
Decentralised Finance
DeFi coin was trading at $0.01731, down by 2.88 per cent.
Yearn Finance YFI was down by 2.04 per cent to $7,213.47 in the last 24 hours. Its 24-hour trading volume was $36.93 million.
