Crypto markets showed minimal movement on Wednesday, with Bitcoin hovering around $118,000 and Ethereum holding steady. At the time of writing, the total crypto market cap saw a marginal gain of 0.68 per cent to $3.93 trillion, even as the 24-hour trading volume decreased by 9.49 per cent to $196.73 billion.
Spark SPK was the most trending cryptocurrency. Its price was up by 72.25 per cent to $0.112. Its 24-hour trading volume was $1.62 billion. Elsewhere, Pudgy Penguins PENGU was the top gainer. It was up by 21.71 per cent, and its 24-hour trading volume was $2.75 billion. Conflux CFX was the top loser, and it was down by 14.44 per cent, while its 24-hour trading volume was $436.34 million.
The DeFi market cap was at $51.58 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices were up by 0.51 per cent to $118,458.62. Its 24-hour trading volume was $73.15 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.
Ethereum (ETH): Ethereum prices were up by 0.26 per cent to $3,695.56. Its 24-hour trading volume was $39.72 billion, and its market dominance was 9.2 per cent.
Tether (USDT): Tether was trading at $1.00. It was down by 0.01 per cent. Its 24-hour trading volume was $148.40 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana prices were up by 0.43 per cent to $200.16. Its 24-hour trading volume was $13.39 billion.
Avalanche AVAX was trading at $25.31, down by 0.73 per cent. Its 24-hour trading volume was $1.03 billion.
Cardano ADA was trading at $0.8735, down by 0.23 per cent. Its 24-hour trading volume was $1.63 billion.
Meme Coins
Dogecoin was down by 1.51 per cent, with a 24-hour price of $0.2612.
Shiba Inu was down by 0.41 per cent to $0.00001504.
Decentralised Finance
DeFi Coin was down by 1.96 per cent, and it was trading at $0.003158.
Yearn Finance was down by 1 per cent to $6,067.90, with a 24-hour trading volume of $23.02 million.