The global crypto market increased on Monday, with the total market cap up by 7.23 per cent to $3.04 trillion. The total trading volume was down by 187.45 per cent to $198.6 billion.
Bitcoin BTC was the most trending cryptocurrency. It was up by 6.96 per cent to $91,763.64. Its 24-hour trading volume was $65.24 billion. Cardano ADA was the top gainer. It was up by 50.12 per cent. Its 24-hour trading volume was $9.79 billion. Celestia TIA was the top loser. It was down by 8.89 per cent. Its 24-hour trading volume was $205.75 million.
DeFi was up by 5.14 per cent to $7.75 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, Co-Founder & CEO, Unocoin, "Bitcoin surged 10% following Donald Trump’s announcement of a Crypto Strategic Reserve, driving BTC from a 120-day low of $78,200 to over $90,000. The rally comes amid growing macroeconomic uncertainty and increasing institutional demand. With Trump’s victory odds rising to 88%, optimism in the crypto market is soaring. If Bitcoin maintains support above $88,000, analysts predict a breakout past $100,000. Short sellers are folding as bullish momentum builds, positioning BTC for a potential $150,000 rally in March."
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 6.96 per cent to $91,763.64. Its 24-hour trading volume was $65.24 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.59 per cent.
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Ethereum: Ethereum ETH was up by 6.65 per cent to $2,358.41 from the previous day. Its 24-hour trading volume was $38.83 billion. Ethereum’s market dominance was 13.3 per cent.
Tether: Tether USDT was trading at $1.00. It was up by 0.05 per cent. Its 24-hour trading volume was $154.03 billion. It is currently ranked fourth on Coinmarketcap.
Other Altcoins
Solana SOL was up by 12.73 per cent to $161.09. Its 24-hour trading volume was $13.18 billion.
Avalanche AVAX was trading at $23.50, up by 7.68 per cent. Its 24-hour trading volume was $865.08 million.
Cardano ADA was up by 50.12 per cent to $0.9442 from the previous day. Its 24-hour trading volume was $9.79 billion.
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Meme Coins
Dogecoin DOGE was up by 7.47 per cent, with a 24-hour price of $0.2215.
Shiba Inu SHIB was up by 4.11 per cent to $0.00001423.
Decentralised Finance
DeFi coin was trading at $0.008164, up by 8.29 per cent.
Yearn Finance YFI was up by 4.74 per cent to $5,718.33 in the last 24 hours. Its 24-hour trading volume was $45.75 million.
