The global crypto market increased marginally on Monday. The total market cap was up by 1.91 per cent to $2.74 trillion, even as the total trading volume was up by 39.21 per cent to $62.5 billion.
Bitcoin was the most trending cryptocurrency. It was up by 2.53 per cent to $87,255.87. Its 24-hour trading volume was $23.63 million. Stacks STX was the top gainer. It was up by 10.81 per cent. Its 24-hour trading volume was $115.72 million. JasmyCoin JASMY was the top loser. It was down by 5.15 per cent. Its 24-hour trading volume was $56.49 million.
DeFi was up by 1.16 per cent to $5.31 billion, Coinmarketcap.com reported.
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Sathvik Vishwanath, Co-Founder & CEO, Unocoin, said: Bitcoin is currently trading around $87,466, showing signs of a steady upward trend as investor confidence returns. Market analysts suggest Bitcoin is consolidating before a potential breakout beyond the $90,000 level. With growing institutional interest and increasing liquidity, forecasts for 2025 remain bullish, with some predicting highs above $120,000. April’s trading volume and price movements indicate a strong support zone, making it a critical month for Bitcoin’s trajectory.
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin was up by 2.53 per cent to $87,255.87. Its 24-hour trading volume was $23.63 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 60.40 per cent.
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Ethereum (ETH): Ethereum was up by 1.66 per cent to $1,637.71. Its 24-hour trading volume was $9.39 billion, and its market dominance was 13.30 per cent.
Tether: Tether USDT was trading at $0.9999. It was down by 0.03 per cent. Its 24-hour trading volume was $48.33 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana was down by 0.94 per cent to $139.37. Its 24-hour trading volume was $4.46 billion.
Avalanche AVAX was trading at $20.02, up by 0.86 per cent. Its 24-hour trading volume was $198.34 million.
Cardano ADA was trading at $0.6362, up by 0.89 per cent. Its 24-hour trading volume was $453.18 million.
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Meme Coins
Dogecoin was up by 1.53 per cent, with a 24-hour price of $0.1605.
Shiba Inu was up by 1.88 per cent to $0.00001259.
Decentralised Finance
DeFi Coin was up by 1.47 per cent, and it was trading at $0.003647.
Yearn Finance was up by 2.88 per cent to $4,728.15, with a 24-hour trading volume of $17.21 million.
