Crypto Market Dips Marginally Even As Trading Volume Declines; Bitcoin, Ethereum Down

The global crypto market declined marginally on Thursday. The total market cap was down by 0.96 per cent to $2.48 trillion, while the total trading volume was down by 22.96 per cent to $94.81 billion. Wormhole W was the most trending cryptocurrency. It was down by 14.15 per cent to $1.18. Its 24-hour trading volume was $1.70 billion. Ethena ENA was the top gainer cryptocurrency. It was up by 22.75 per cent. Its 24-hour trading volume was $2.64 billion. Jupiter JUP was the top loser cryptocurrency. It was down by 9.20 per cent. Its 24-hour trading volume was $463.56 million.

DeFi was down by 0.79 per cent to $12.27 billion, Coinmarketcap.com reported.

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.85 per cent to $65,714.75. Its 24-hour trading volume was $30.96 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 52.1 per cent.

Ethereum: Ethereum ETH was down by 0.28 per cent to $3,303.53 from the previous day. Its 24-hour trading volume was $14.65 billion. Ethereum’s market dominance was 16.0 per cent.

Tether: Tether USDT was trading at $0.9999. it was down by 0.06 per cent. Its 24-hour trading volume was $67.88 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 4.06 per cent to $183.53. Its 24-hour trading volume was $3.66 billion.

Avalanche AVAX was trading at $46.79, down by 2.90 per cent. Its 24-hour trading volume was $530.45 million.

Cardano ADA was down by 2.58 per cent to $0.5727 from the previous day. Its 24-hour trading volume was $469.03 million.

Meme Coins

Dogecoin DOGE was down by 4.36 per cent, with a 24-hour price of $0.1771.

Shiba Inu SHIB was down by 2.22 per cent to $0.00002652.

Decentralised Finance

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

Yearn.Finance YFI was down by 1.28 per cent to $8,209.31 in the last 24 hours. Its 24-hour trading volume was $43.92 million in the last 24 hours.