Crypto Market Declines Marginally, Trading Volume Rises 34.21%

The global crypto market declined marginally on Wednesday. The total market cap was down by 5.74 per cent to $2.2 trillion, while the total trading volume was up by 34.21 per cent to $90.53 billion. Ethena ENA was the most trending cryptocurrency. It was up by 4.74 per cent to $0.775. Its 24-hour trading volume was $423.81 million. Cosmos ATOM was the top gainer. It was up by 3.76 per cent. Its 24-hour trading volume was $295.43 million. Arweave AR was the top loser. It was down by 19.22 per cent. Its 24-hour trading volume was $170.00 million.

DeFi was up by 5.76 per cent to $7.01 billion, Coinmarketcap.com reported.

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 5.46 per cent to $59,861.05. Its 24-hour trading volume was $38.04 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 53.3 per cent.

Ethereum: Ethereum ETH was down by 6.64 per cent to $2,984.13 from the previous day. Its 24-hour trading volume was $18.06 billion. Ethereum’s market dominance was 16.5 per cent.

Tether: Tether USDT was trading at $0.9889. It was down by 0.11 per cent. Its 24-hour trading volume was $66.18 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 7.94 per cent to $124.72. Its 24-hour trading volume was $3.46 billion.

Avalanche AVAX was trading at $32.37, up by 6.77 per cent. Its 24-hour trading volume was $495.67 million.

Cardano ADA was down by 2.75 per cent to $0.4418 from the previous day. Its 24-hour trading volume was $417.48 million.

Meme Coins

Dogecoin DOGE was down by 7.28 er cent, with a 24-hour price of $0.1321.

Shiba Inu SHIB was down by 7.58 per cent to $0.00002212.

Decentralised Finance

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

Yearn.Finance YFI was down by 1.89 per cent to $6,721.07 in the last 24 hours. Its 24-hour trading volume was $27.56 million.