The global crypto market gained marginally on Monday with all major coins trading in the green. The total market cap was up by 3.36 per cent to $2.4 trillion, while the total trading volume was down by 32.40 per cent to $113.94 billion.
Bitcoin was up by 2.30 per cent, while Ethereum was up by 4.65 per cent. IOTA IOTA was the most trending cryptocurrency, while Neo NEO was the top gainer and Celestia TIA was the top loser
The global crypto market gained marginally on Monday with all major coins trading in the green. The total market cap was up by 3.36 per cent to $2.4 trillion, while the total trading volume was down by 32.40 per cent to $113.94 billion.
IOTA IOTA was the most trending cryptocurrency. It was up by 4.17 per cent to $0.2456. Its 24-hour trading volume was $26.82 million. Neo NEO was the top gainer. It was up by 35.36 per cent. Its 24-hour trading volume was $582.25 million. Celestia TIA was the top loser. It was down by 8.68 per cent. Its 24-hour trading volume was $350.64 million.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin jumped 3.9% to hit $64,400, rebounding sharply from a recent selloff triggered by heightened tensions in the Middle East. The rally extended to smaller cryptocurrencies such as Polkadot and Uniswap, which soared more than 10% as investors reacted to Iran's attack on Israel. The rally follows the liquidation of around $1.5 billion in bullish crypto positions over the weekend, underscoring heightened market volatility. However, with the escalation of the Israeli-Iranian conflict, uncertainty clouds the narrative of cryptocurrencies as safe havens during geopolitical crises. Additionally, anticipation surrounds the upcoming Bitcoin halving expected around April 20, traditionally seen as a bullish catalyst but now being met with growing skepticism amid recent market volatility."
DeFi was up by 4.05 per cent to $9.88 billion, Coinmarketcap.com reported.
Bitcoin: Bitcoin BTC was up by 2.30 per cent to $66,276.78. Its 24-hour trading volume was $43.04 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 54.0 per cent.
Ethereum: Ethereum ETH was up by 4.65 per cent to $3,238.06 from the previous day. Its 24-hour trading volume was $20.12 billion. Ethereum’s market dominance was 16.6 per cent.
Tether: Tether USDT was trading at $1.00. It was down by 0.01 per cent. Its 24-hour trading volume was $87.19 billion. It is ranked third on Coinmarketcap.
Solana SOL was up by 7.53 per cent to $155.18. Its 24-hour trading volume was $6.20 billion.
Avalanche AVAX was trading at $38.35, up by 6.53 per cent. Its 24-hour trading volume was $1.05 billion.
Cardano ADA was up by 4.06 per cent to $0.4867 from the previous day. Its 24-hour trading volume was $857.29 million.
Dogecoin DOGE was up by 5.29 per cent, with a 24-hour price of $0.167.
Shiba Inu SHIB was up by 3.88 per cent to $0.00002361.
DeFi coin was trading at $0.04604, the same as yesterday.
Yearn.Finance YFI was up by 8.21 per cent to $7,174.67 in the last 24 hours. Its 24-hour trading volume was $65.25 million in the last 24 hours.