Crypto Market Dips Marginally, Trading Volume Down 13.44 %

The global crypto market declined marginally on Saturday. The total market cap was down by 0.55 per cent to $1.6 trillion, while the total trading volume was down by 13.44 per cent to $59.46 billion.

Bonk BONK maintained its streak as the most trending cryptocurrency for the sixth consecutive day. It was also the top loser, down by 15.24 per cent to $0.0000254. Its 24-hour trading volume was $1.80 billion. Internet Computer ICP was the top gainer, up by per cent to 39.36. Its 24-hour trading volume was 280.49 million.

DeFi volume was $8.09 billion, Coinmarketcap.com reported.

Also Read: Brazil Signs Overseas Crypto Bill, SafeMoon Falls 31% In 5 Hours After Bankruptcy Filing

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.99 per cent to $42,223.68. Its 24-hour trading volume was $19.23 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 51.7 per cent.

Ethereum: Ethereum ETH was down by 1.05 per cent to $2,246.45 from the previous day. Its 24-hour trading volume was $9.83 billion. Ethereum’s market dominance was 16.9 per cent.

Tether: Tether USDT was down by 0.05 per cent to $0.9996 in the last 24 hours. Its 24-hour trading volume was $44.17 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 1.62 per cent to $74.22. Its 24-hour trading volume was $2.78 billion.

Avalanche AVAX was trading at $41.39, up by 5.34 per cent. Its 24-hour trading volume was $2.18 billion.

Cardano ADA was down by 3.54 per cent to $0.6118 from the previous day. Its 24-hour trading volume was $871 million.

Meme Coins

Dogecoin DOGE was down by 2.92 per cent, with a 24-hour price of $0.09391.

Shiba Inu SHIB was down by 0.19 per cent to $0.000009862.

Decentralised Finance

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

Yearn.Finance YFI was down by 2.51 per cent to $8294.14 over the last 24 hours. Its 24-hour trading volume was $42.93 million.