Summary of this article
Bitcoin up 1.52 per cent; Ethereum down 0.56 per cent.
Altcoins gain; Solana leads with 3.45 per cent increase.
Total crypto market cap up 0.87 per cent; 24h volume down 3.3 per cent.
Bitcoin prices remained steady above the $112,000-mark on Thursday, after a seven-week low, while Ethereum prices fell to $4,500. At the time of writing, the total crypto market cap saw a marginal increase of 0.87 per cent to $3.90 trillion, while the 24-hour trading volume decreased by 3.30 per cent to $172.6 billion.
Solana SOL was the most trending cryptocurrency. Its price was up by 3.45 per cent to 210.06, and its 24-hour trading volume was $11.81 billion. Elsewhere Cronos CRO was the top gainer. It was up by 50.29 per cent, and its 24-hour trading volume was $2.23 million. Morpho MORPHO was the top loser. It was down by 7.01 per cent, while its 24-hour trading volume was $37.42 million.
The DeFi market cap was at $40.41 billion, Coinmarketcap.com reported.
CoinSwitch Markets Desk said, “Crypto markets are showing mixed signals today. Bitcoin sits near $111,800, holding steady after a dip to seven-week lows, while Ethereum trades around $4,532, retracing slightly from recent highs. Institutional appetite leans heavily toward Ethereum. Ethereum spot exchange-traded funds (ETFs) pulled in a record $455 million in net inflows, marking the second time this week Ethereum ETFs outpaced Bitcoin,, with BlackRock’s ETHA alone contributing approximately $323 million and Fidelity’s FETH $85 million. In contrast, Bitcoin ETFs saw modest inflows of approximately $92 million, around 827 Bitcoins.”
Cryptocurrency Prices
Bitcoin (BTC): Bitcoin prices increased by 1.52 per cent today to $112,916.81. Its 24-hour trading volume was $64.48 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 down by 0.56 per cent to $4,566.63, after crossing $4,900 for the first time earlier in the morning, and its market dominance was 11.08 per cent.
Tether (USDT): Tether was trading at $1, up by 0.01 per cent. Its 24-hour trading volume was $119.24 billion. It is currently ranked fourth on Coinmarketcap.
Other Altcoins
XRP XRP prices were down by 0.40 per cent to $2.99. Its 24-hour trading volume was $6.52 billion.
Solana prices were up by 3.45 per cent to $210.06. Its 24-hour trading volume was $11.81 billion.
Cardano ADA was trading at $0.8672, up by 0.27 per cent. Its 24-hour trading volume was $1.34 billion.
Avalanche AVAX was trading at $24.69, up by 0.72 per cent. Its 24-hour trading volume was $864.95 million.
Meme Coins
Dogecoin was up by 1.09 per cent, with a 24-hour price of $0.2233.
Shiba Inu was up by 0.51 per cent to $0.00001259.
Decentralised Finance
DeFi Coin was down by 3.72 per cent, trading at $0.002523.
Yearn Finance was up by 0.08 per cent to $5,520.31, with a 24-hour trading volume of $15.45 million.
