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Crypto Market Gains Marginally, Trading Volume Rises; Bitcoin, Ethereum Up

Bitcoin was up by 1.11 per cent, while Ethereum was up by 0.06 per cent. RealGoat RGOAT was also the most trending, while Avalanche AVAX was the top gainer and Arweave AR was the top loser.

The global crypto market gains marginally on Monday. The total market cap was up by 1.08 per cent to $2.36 trillion even though the total trading volume was also up by 43.13 per cent to $70.83 billion. RealGoat RGOAT was the most trending. It was down by 2.20 per cent to $0.000003195. Its 24-hour trading volume was $3.63 million.

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Avalanche was the top gainer. It was up by 12.67 per cent. Its 24-hour trading volume was $811.34 million. Arweave AR was the top loser. It was down by 6.31 per cent. Its 24-hour trading volume was $74.81 million.

DeFi was down by 0.52 per cent to $4.74 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin recently surged to $67,567, its highest in a month, thanks to significant ETF inflows, including BlackRock's $116.2 million addition, and favorable economic conditions such as lower-than-expected US CPI data. Bitcoin is currently trading at $66,762 and its value is supported by stable hash rates and increased miner holdings. With the ETF now holding over 900,000 BTC worth $60 billion, investor confidence is growing. Key levels include the pivot at $66,284 and resistance at $67,580, $68,000 and $68,424. Support is at $66,000, $65,120 and $64,300. RSI at 63.53 and 50 EMA at $63,899 indicate a bullish outlook if Bitcoin remains above $66,250."

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 1.11 per cent to $67,837.96. Its 24-hour trading volume was 28.52 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 54.2 per cent.

Ethereum: Ethereum ETH was up by 0.19 per cent to $3,512.90 from the previous day. Its 24-hour trading volume was $14.96 billion. Ethereum’s market dominance was 17.1 per cent.

Tether: Tether USDT was trading at $1.00. It was up by 0.05 per cent. Its 24-hour trading volume was $53.77 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 4.60 per cent to $180.98. Its 24-hour trading volume was $3.25 billion.

Avalanche AVAX was trading at $32.64, up by 12.67 per cent. Its 24-hour trading volume was $811.34 million.

Cardano ADA was down by 0.67 per cent to $0.4362 from the previous day. Its 24-hour trading volume was $359.51 million.

Meme Coins

Dogecoin DOGE was up by 7.82 per cent, with a 24-hour price of $0.141.

Shiba Inu SHIB was up by 0.96 per cent to $0.00001801.

Decentralised Finance

DeFi coin was trading at $0.03648, down by 4.27 per cent.

Yearn.Finance YFI was up by 0.78 per cent to $5,954.13 in the last 24 hours. Its 24-hour trading volume was $12.87 million.

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