The global crypto market increased marginally on Wednesday, with the total market cap up by 2.36 per cent to $3.37 trillion. The total trading volume was down by 26.26 per cent to $127.46 billion.
NOTAI NOTAI was the most trending cryptocurrency. It was up by 32 per cent to $0.00006757. Its 24-hour trading volume was 5.52 million. XDC Network XDC was the top gainer. It was up by 18.39 per cent. Its 24-hour trading volume was $75.97 million. Fartcoin FART was the top loser. It was down by 8.16 per cent. Its 24-hour trading volume was $110.63 million.
DeFi was up by 5.39 per cent to $6.87 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, co-founder and CEO, Unocoin, said: “The cryptocurrency market was up by 2.4 per cent on January 14, pushing the total market capitalisation above $3.3 trillion. Bitcoin (BTC) climbed to $97,371, breaking the $97,000 resistance for the first time this week, with technical indicators signalling further upside potential. Investors focused on the upcoming inauguration of Donald Trump on January 20 led to increased activity in Trump-related tokens, such as DOGE, XRP, and MAGA, which emerged as the best performers. The market’s rally reflects growing optimism as traders bet on potential policy changes under the new administration, with Bitcoin’s price action drawing attention amid heightened market momentum.”
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Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 1.95 per cent to $96,936.33. Its 24-hour trading volume was $55.17 billion. It is currently ranked one on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.0 per cent.
Ethereum: Ethereum ETH was up by 2 per cent to $3,228.74 from the previous day. Its 24-hour trading volume was $23.11 billion. Ethereum’s market dominance was 11.6 per cent.
Tether: Tether USDT was trading at $0.9995, same as yesterday. Its 24-hour trading volume was $101.57 billion. It is currently ranked fourth on Coinmarketcap.
Other Altcoins
Solana SOL was up by 1.83 per cent to $189.04. Its 24-hour trading volume was $2.63billion.
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Avalanche AVAX was trading at $36.67, up by 3.34 per cent. Its 24-hour trading volume was $284.44 million.
Cardano ADA was up by 5.85 per cent to $1.02 from the previous day. Its 24-hour trading volume was $1.34 billion.
Meme Coins
Dogecoin DOGE was up by 4.07 per cent, with a 24-hour price of $0.3592.
Shiba Inu SHIB was up by 0.78 per cent to $0.00002158.
Decentralised Finance
DeFi coin was trading at $0.03082, up by 42.56 per cent.
Yearn Finance YFI was up by 2.66 per cent to $7,988.05 in the last 24 hours. Its 24-hour trading volume was $20.99 million.
