The global crypto market increased marginally on Friday. The total market cap was up by 0.78 per cent to $3.33 trillion, while the total trading volume was up by 11.52 per cent to $133.83 billion.
Onyxcoin XCN was the most trending cryptocurrency. It was up by 14.91 per cent to $0.01957. Its 24-hour trading volume was $183.49 million. STORY IP was the top gainer. It was up by 10.79 per cent, and its 24-hour trading volume was $90.19 million. dogwifhat WIF was the top loser. It was down by 8.18 per cent, and its 24-hour trading volume was $535.38 million.
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DeFi was up by 2.79 per cent to $80.60 billion, Coinmarketcap.com reported.
Edul Patel, co-founder and CEO of Mudrex said: “Bitcoin is gaining momentum, trading above $104,200 amid strong institutional inflows. Bitcoin spot exchange-traded funds (ETFs) recorded nearly $320 million in net inflows, highlighting continued demand. Market sentiment was further lifted by JPMorgan’s prediction that Bitcoin could offer more upside potential than gold in H2. Bitcoin now eyes resistance at $105,600, with support at $102,000. Meanwhile, Solana is back in focus as Glassnode data shows a shift to positive 30-day capital inflows after months of outflows, signalling renewed investor interest and positioning for further upside in the SOL ecosystem.”
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Cryptocurrency Prices
Bitcoin (BTC): Bitcoin was up by 1.40 per cent to $104,018.93. Its 24-hour trading volume was $52.00 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.4 per cent.
Ethereum (ETH): Ethereum was up by 0.45 per cent to $2,580.49. Its 24-hour trading volume was $24.94 billion, and its market dominance was 9.1 per cent.
Tether: Tether USDT was trading at $1. It was down by 0.02 per cent. Its 24-hour trading volume was $91.64 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana was down by 1.71 per cent to $172.12. Its 24-hour trading volume was $4.51 billion.
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Avalanche AVAX was trading at $23.81, down by 3.14 per cent. Its 24-hour trading volume was $593.32 million.
Cardano ADA was trading at $0.7765, down by 2.31 per cent. Its 24-hour trading volume was $1.29 billion.
Meme Coins
Dogecoin was down by 4.23 per cent, with a 24-hour price of $0.2247.
Shiba Inu was down by 3.26 per cent to $0.00001504.
Decentralised Finance
DeFi Coin was down by 19.47 per cent, and it was trading at $0.004161.
Yearn Finance was down by 3.52 per cent to $5,808.08, with a 24-hour trading volume of $24.92 million.
