Summary of this article
Bitcoin and Ethereum dip as overall crypto market sees decline.
Total market capitalization drops slightly, while trading volume increases notably.
BUILDon B emerges as top gainer; Four FORM leads losses.
Bitcoin prices declined to $107,000 on Monday, reflecting a slight dip in the cryptocurrency market. At the time of writing, the total crypto market cap saw a marginal decrease of 1.72 per cent to $3.72 trillion, while the 24-hour trading volume increased by 14.93 per cent to $128.27 billion.
Bitcoin BTC was the most trending cryptocurrency. Its price was down by 0.82 per cent to $107,714.70, and its 24-hour trading volume was $52.50 billion. BUILDon B was the top gainer. It was up by 4.83 per cent, while its 24-hour trading volume was $25.31 million. Four FORM was the top loser. It was down by 20.92 per cent, while its 24-hour trading volume was $173.50 billion.
The DeFi market cap was at $42.22 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, co-founder & CEO, Unocoin said, “Bitcoin is currently consolidating at $107,000 after a sharp pullback from its August high of $124,000. Technical indicators show crucial support at $107,000–109,000 and major resistance near $113,000–118,000. A break below $100,000 could signal the end of the ‘bull run’, while a push above $118,000 may revive bullish momentum. On-chain data shows increased dip-buying, hinting at underlying confidence. However, macroeconomic pressures, especially the uncertainty over the US interest rate continue to weigh on market sentiment. With five months of prior gains, August’s 6 per cent loss suggests cooling momentum. Bitcoin’s next move hinges on whether bulls reclaim control or bears press toward deeper correction territory.”
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices decreased by 0.82 per cent to $107,714.70. Its 24-hour trading volume was $52.50 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.40 per cent.
Ethereum (ETH): Ethereum prices were down by 1.25 per cent to $4,350.87. Its 24-hour trading volume was $28.45 billion. Its market dominance was 14.20 per cent.
Tether (USDT): Tether was trading at $1, up by 0.20 per cent. Its 24-hour trading volume was $88.72 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
XRP XRP prices were down by 4.03 per cent to $2.72. Its 24-hour trading volume was $4.67 billion.
Solana SOL prices were down by 3 per cent to $204.85. Its 24-hour trading volume was $5.68 billion.
Cardano ADA was trading at $0.8002, down by 3.72 per cent. Its 24-hour trading volume was $836.07 million.
Avalanche AVAX was trading at $22.88, down by 4.12 per cent. Its 24-hour trading volume was $363.02 million.
Meme Coins
Dogecoin DOGE was down by 3.99 per cent, with a 24-hour price of $0.2095.
Shiba Inu SHIBA was down by 3.53 per cent to $0.00001197.
Decentralised Finance
DeFi Coin was down by 6.92 per cent and it was trading at $0.002273.
Yearn Finance was down by 4.27 per cent to $5,166.07, with a 24-hour trading volume of $12.86 million.
