The global crypto market increased marginally at the time of writing an article on Friday, with the total market cap up by 0.87 per cent to $3.22 trillion and the total trading volume up by 6.74 per cent to $89.94 billion.
Pi PI was the most trending cryptocurrency. It was down by 62.37 per cent to $0.6396. Its 24-hour trading volume was 5.35 billion. Story IP was the top gainer. It was up by 61.66 per cent. Its 24-hour trading volume was $1.37 billion. Aptos APT was the top loser. It was down by 3.82 per cent. Its 24-hour trading volume was $314.83 million.
DeFi was up by 4.93 per cent to $7.56 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin (BTC/USD) remains above $95K, consolidating between $94K and $100K, signaling a potential breakout. Spot Bitcoin ETFs have seen $5.6B in inflows but experienced net outflows in recent days, reflecting cooling speculative interest. On-chain data from Glassnode indicates a slowdown in capital inflows, declining open interest, and reduced leveraged trading, mirroring market conditions in May 2021. Meanwhile, MicroStrategy’s $2B fundraising hints at a future Bitcoin purchase, potentially sparking another rally. Technically, BTC faces resistance at $99,059 and $100K, with key support at $97K and $95K. A break above $100K could trigger renewed bullish momentum."
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 1.52 per cent to $98,539.41. Its 24-hour trading volume was $30.61 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 up by 1.37 per cent to $2,763.49 from the previous day. Its 24-hour trading volume was $15.07 billion. Ethereum’s market dominance was 13.3 per cent.
Tether: Tether USDT was trading at $1.00 It was up by 0.01 per cent. Its 24-hour trading volume was $71.46 billion. It is currently ranked fourth on Coinmarketcap.
Meme Coins
Dogecoin DOGE was up by 2.15 per cent, with a 24-hour price of $0.2539.
Shiba Inu SHIB was up by 1.59 per cent to $0.00001561.
Decentralised Finance
DeFi coin was trading at $0.01184, down by 3.10 per cent.
Yearn Finance YFI was up by 3.61 per cent to $6,126.88 in the last 24 hours. Its 24-hour trading volume was $24.34 million.
