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Crypto Market Declines Marginally, Trading Volume Falls

Bitcoin was down by 0.24 per cent, while Ethereum was down by 1.17 per cent. Bonk BONK was the most trending cryptocurrency and also a top loser cryptocurrency, while Near Protocol NEAR was the top gainer.

The global crypto market declined marginally on Wednesday. The total market cap was down by 0.59 per cent to $1.6 trillion, even as the total trading volume was down by 11.02 per cent to $56.86 billion.

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Bonk BONK maintained its streak once again as the most trending cryptocurrency as well as top loser cryptocurrency. It was down by 12.44 per cent to $0.00001852. Its 24-hour trading volume was $308.62 million. Near Protocol NEAR was the top gainer, up by 31.09 per cent. Its 24-hour trading volume was $400.90 million.

DeFi was up by 0.49 per cent to $6.36 Billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.24 per cent to 42,714.23. Its 24-hour trading volume was $20.99 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 52.1 per cent.

Ethereum: Ethereum ETH was down by 1.17 per cent to $2,210.91 from the previous day. Its 24-hour trading volume was $10.20 billion. Ethereum’s market dominance was 16.6 per cent.

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Tether: Tether USDT was up by 0.01 trading at $0.9998, same as yesterday. Its 24-hour trading volume was $42.79 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 0.61 per cent to $75.09. Its 24-hour trading volume was $1.83 billion.

Avalanche AVAX was trading at $40.82, up by 0.32 per cent. Its 24-hour trading volume was $1.08 billion.

Cardano ADA was down by 4.45 per cent to $0.5808 from the previous day. Its 24-hour trading volume was $610.40 million.

Meme Coins

Dogecoin DOGE was down by 2.20 per cent, with a 24-hour price of $0.09085.

Shiba Inu SHIB was down by 2.58 per cent to $0.00001023.

Decentralised Finance

DeFi coin was trading at $0.04604, same as yesterday.

Yearn.Finance YFI was up by 1.46 per cent to $8,255.51 in the last 24 hours. Its 24-hour trading volume was 48.31 million.

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