Cryptocurrency

Crypto Market Falls Marginally, Trading Volume Surges 35%; Bitcoin Up, Ethereum Down

Bitcoin was up by 0.54 per cent, while Ethereum was down by 0.30 per cent. Test TSTS was the most trending cryptocurrency, while Litecoin LTC was the top gainer, and DeXE DEXE was the top loser

Crypto Market Falls Marginally, Trading Volume Surges 35%; Bitcoin Up, Ethereum Down
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The global crypto market decreased marginally on Monday, with the total market cap down by 0.44 per cent to $3.17 trillion and the total trading volume up by 35.75 per cent to $100.46 billion.

Test TSTS was the most trending cryptocurrency. It was down by 11.68 per cent to $0.0006671. Its 24-hour trading volume was 3.52 million. Litecoin LTC was the top gainer. It was up by 5.82 per cent. Its 24-hour trading volume was $940.45 billion. DeXe DEXE was the top loser. It was down by 3.88 per cent. Its 24-hour trading volume was $12.74 million.

DeFi was up by 1.76 per cent to $8.23 billion, Coinmarketcap.com reported.

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Sathvik Vishwanath, co-founder and CEO, Unocoin said: “Bitcoin’s price on February 9, 2025, stood at $96,413, with a market cap of $1.911 trillion. The 1-hour chart shows consolidation after a drop from $100,185 to $95,662, with support between $95,500 and $96,000, and resistance near $98,000–$99,500. The 4-hour chart indicates a short-term downtrend, while the daily chart shows a pullback with key support at $89,164–$92,000. Mixed oscillator signals reflect uncertainty, and moving averages show bearish short-term pressure, but potential long-term support. A breakout above $98,500 could lead to higher gains, while failing to hold $95,500 risks further declines toward $92,000.”

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 0.54 per cent to $97,035.50. Its 24-hour trading volume was $33.38 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.59 per cent.

Ethereum: Ethereum ETH was down by 0.30 per cent to $2,635.78 from the previous day. Its 24-hour trading volume was $18.95 billion. Ethereum’s market dominance was 13.3 per cent.

Tether: Tether USDT was trading at $1, same as yesterday. Its 24-hour trading volume was $76.37 billion. It is currently ranked fourth on Coinmarketcap.

Other Altcoins

Solana SOL was down by 2.33 per cent to $201.76. Its 24-hour trading volume was $3.78 billion.

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Avalanche AVAX was trading at $25.17, up by 0.68 per cent. Its 24-hour trading volume was $317.85 million.

Cardano ADA was down by 2.01 per cent to $0.6924 from the previous day. Its 24-hour trading volume was $762.68 million.

Meme Coins

Dogecoin DOGE was down by 3.10 per cent, with a 24-hour price of $0.2497.

Shiba Inu SHIB was down by 13.92 per cent to $0.01497.

Decentralised Finance

DeFi coin was trading at $0.01496, down by 13.92 per cent.

Yearn Finance YFI was down by 2.70 per cent to $5,686.57 in the last 24 hours. Its 24-hour trading volume was $20.04 million.

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