Bitcoin was up by 3.34 per cent, while Ethereum was up by 2.34 per cent. Bitcoin BTC was also the most trending, while WorldCoin WLD was the top gainer and Aave AAVE was the top loser.
The global crypto market rises marginally on Wednesday. The total market cap was up by 3.19 per cent to $2.41 trillion even the total trading volume was up by 11.26 per cent to $95.42 billion. Bitcoin BTC was the most trending. It was up by 3.34 per cent to $65,797.47. Its 24-hour trading volume was $41.13 million.
Worldcoin WLD was the top gainer. It was up by 31.41 per cent. Its 24-hour trading volume was $751.36 million. Aave AAVE was the top loser. It was down by 1.73 per cent. Its 24-hour trading volume was $148.23 million.
DeFi was up by 1.21 per cent to $5.34 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Larry Fink, CEO of BlackRock, has redefined Bitcoin as "digital gold" and a "legitimate financial instrument," signaling the cryptocurrency's mainstream acceptance. The move followed BlackRock's launch of the iShares Bitcoin Trust (IBIT), which quickly became the largest Bitcoin ETF with over $18 billion in assets. As a result, the price of Bitcoin climbed above $60,000, driven by increased institutional investment. Bitcoin is currently trading at $63,512 and is showing strong buying interest with potential targets at $66,750 and $68,263. Supported by technical indicators, the outlook for Bitcoin remains bullish, with a key support level at $62,466."
Solana SOL was up by 3.89 per cent to $162.22. Its 24-hour trading volume was $2.86 billion.
Avalanche AVAX was trading at $28.74, up by 6.00 per cent. Its 24-hour trading volume was $476.46 million.
Cardano ADA was up by 1.41 per cent to $$0.446 from the previous day. Its 24-hour trading volume was $442.45 million.
Dogecoin DOGE was up by 2.39 per cent, with a 24-hour price of $0.126.
Shiba Inu SHIB was up by 2.26 per cent to $0.00001955.
DeFi coin was trading at 0.03835, up by 2.52 per cent.
Yearn.Finance YFI was up by 1.88 per cent to $6,104.71 in the last 24 hours. Its 24-hour trading volume was $18.22 million.