Crypto Market Dips Marginally, Trading Volume Gains 8.45%; Bitcoin Down, Ethereum Up

The global crypto market declined marginally on Tuesday. The total market cap was down by 0.10 per cent to $1.97 trillion, while the total trading volume was up by 8.45 per cent to 71.64 billion. Pixels PIXEL was the most trending cryptocurrency. It was up by 17.55 per cent to $0.5968. Its 24-hour trading volume was $1.38 billion. Arweave AR was the top gainer, up by 17.96 per cent. Its 24-hour trading volume was $14.45. Pyth Network PYTH was the top loser, down by 8.11 per cent. Its 24-hour trading volume was $0.5788.

DeFi was up by 12.88 per cent to $6.73 billion, Coinmarketcap.com reported.

Also Read: Coinbase Anticipates Market Equilibrium Despite Genesis GBTC Sell-Off

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.58 per cent to $51,797.28. Its 24-hour trading volume was $22.12 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 51.5 per cent.

Ethereum: Ethereum ETH was up by 1.06 per cent to $2,924.87 from the previous day. Its 24-hour trading volume was $15.76 billion. Ethereum’s market dominance was 17.7 per cent.

Tether: Tether USDT was trading at $1.00, down by 0.02 per cent. Its 24-hour trading volume was $51.58 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 1.52 per cent to $110.25. Its 24-hour trading volume was $1.98 billion.

Avalanche AVAX was trading at $39.29, down by 1.80 per cent. Its 24-hour trading volume was $606.76.

Cardano ADA was up by 0.90 per cent to $0.6288 from the previous day. Its 24-hour trading volume was $713.53 million.

Meme Coins

Dogecoin DOGE was up by 2.84 per cent, with a 24-hour price of $0.08847.

Shiba Inu SHIB was up by 0.04 per cent to $0.000009802.

Decentralised Finance

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

Yearn.Finance YFI was down by 1.54 per cent to $7,758.28 in the last 24 hours. Its 24-hour trading volume was $17.02 million.