The global crypto market vacillated between a thin margin of stability and volatility on Tuesday. The total market cap was down by 0.52 per cent to $1.4 trillion, even as the total trading volume was up by 28.68 per cent to $62.04 billion.
Bitcoin was down by 0.82 per cent while Ethereum was up by 1.09 per cent. Solana SOL was the most trending cryptocurrency, while Bitget Token BGB was the top gainer and FTX Token FTT was the top loser
The global crypto market vacillated between a thin margin of stability and volatility on Tuesday. The total market cap was down by 0.52 per cent to $1.4 trillion, even as the total trading volume was up by 28.68 per cent to $62.04 billion.
Solana SOL was the most trending cryptocurrency, down by 6.49 per cent to $54.72. Its 24-hour trading volume was $2.95 billion. Bitget Token BGB was the top gainer, up by 13.08 per cent to $0.5478 in the last 24 hours. Its 24-hour trading volume was $31.32 million. FTX Token FTT was the top loser, down by 14.56 per cent to $3.21. Its 24-hour trading volume was $207.50 million.
DeFi fell 10.58 per cent to $6.57 billion, Coinmarketcap.com reported.
Bitcoin: Bitcoin was down by 0.82 per cent to $36,616.87. Its 24-hour trading volume was $18.31 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 51.07 per cent, down by 0.16 per cent over the last 24 hours.
Ethereum: Ethereum was up 1.09 per cent to $2,061.89 from the previous day. Its 24-hour trading volume was $13.52 billion.
Tether: Tether was down by 0.03 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $45.70 billion. It is ranked third on Coinmarketcap.
Solana (SOL) was down by 6.49 per cent to $54.72. Its 24-hour trading volume was $2.95 billion.
Avalanche was trading at $16.96, down by 6.68 per cent. Its 24-hour trading volume was $760.73 million.
Cardano ADA was down by 3.50 per cent to $0.3622 from the previous day. Its 24-hour trading volume was $421.06 million.
Dogecoin (DOGE) was down by 2.13 per cent, with a 24-hour price of $0.0752.
Shiba Inu was down by 2.87 per cent to $0.00000862.
DeFi coin was trading at $0.04604, same as yesterday.
Yearn.Finance was up by 12.78 per cent to $10,198.81 over the last 24 hours. Its 24-hour trading volume was $248.85 million.