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Crypto Market Dips Marginally While The Trading Volume Increases; Bitcoin, Ethereum Down

Bitcoin was down by 1.46 percent, while Ethereum was down by 2.04 percent. LayerZero ZRO was the most trending cryptocurrency, while Ethereum Name Service ENS was the top gainer and Mog Coin MOG was the top loser.

The global crypto market slumped marginally on Tuesday. The total market cap was down by 1.62 per cent to $2.43 trillion, even though the total trading volume was up by 22.38 per cent to $86.67 billion.

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LayerZero ZRO was the most trending cryptocurrency. It was up by 2.52 per cent to $5.15. Its 24-hour trading volume was $449.15 million. Ethereum Name Service ENS was the top gainer. It was up by 3.03 per cent. Its 24-hour trading volume was $221.9 million. Mog Coin MOG was the top loser. It was down by 13.45 per cent. Its 24-hour trading volume was $33.5 million.

DeFi was also down by 2.11 per cent to $7.42 billion, according to the report by coinmarketcap.com.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 1.46 per cent to $66,660.35. Its 24-hour trading volume was 42.35 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 54.5 per cent.

Ethereum: Ethereum ETH was down by 2.04 per cent to $3,433.46 from the previous day. Its 24-hour trading volume was $19.34 billion. Ethereum’s market dominance was 17.1 per cent.

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Tether: Tether USDT was trading at $1. It was up by 0.01 per cent. Its 24-hour trading volume was $52.84 billion. It was ranked third on Coinmarketca

Other Altcoins 

Solana SOL was down by 3.83 per cent to $179.93. Its 24-hour trading volume was $2.79 billion.

Avalanche AVAX was trading at $31.04, down by 5.24 per cent. Its 24-hour trading volume was $478.23 million.

Cardano ADA was down by 3.43 per cent to $0.4203 from the previous day. Its 24-hour trading volume was $525.75 million.

Meme Coins

Dogecoin DOGE was down by 4.89 per cent, with a 24-hour price of $0.1339.

Shiba Inu SHIB was also down by 4.23 per cent to $0.00001715.

Decentralised Finance

DeFi coin was trading at $0.03595, down by 1.54 per cent.

Yearn.Finance YFI was down by 2.53 per cent to $5,777.16 in the last 24 hours. Its 24-hour trading volume was $22.63 million.   

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