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

The global crypto market gained marginally on Wednesday. The total market cap was up by 1.62 per cent to $2.25 trillion, while the total trading volume was up by 6.15 per cent to $74.41 billion. Bitcoin BTC was the most trending cryptocurrency. It was up by 1.52 per cent to $64,182.76. Its 24-hour trading volume was $29.22 billion. Sei SEI was the top gainer. It was up by 16.41 per cent. Its 24-hour trading volume was $440.69 million. Nervos Network CKB was the top loser. It was down by 5.75 per cent. Its 24-hour trading volume was $99.92 million.

DeFi was up by 1.76 per cent to $4.85 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 1.52 per cent to $64,182.76. Its 24-hour trading volume was $29.22 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.1 per cent.

Ethereum: Ethereum ETH was down by 0.30 per cent to $2,622.77 from the previous day. Its 24-hour trading volume was $16.13 billion. Ethereum’s market dominance was 13.9 per cent.

Tether: Tether USDT was trading at $1. It was up by 0.02 per cent. Its 24-hour trading volume was $57.31 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 3.15 per cent to $151.03. Its 24-hour trading volume was $2.87 billion.

Avalanche AVAX was trading at $27.71, up by 2.13 per cent. Its 24-hour trading volume was $405.94 million.

Cardano ADA was up by 6.72 per cent to $0.3861 from the previous day. Its 24-hour trading volume was $346.27 million.

Meme Coins

Dogecoin DOGE was up by 2.28 per cent, with a 24-hour price of $0.11.

Shiba Inu SHIB was up by 4.08 per cent to $0.00001497.

Decentralised Finance

DeFi coin was trading at $0.02, up by 0.87 per cent.

Yearn.Finance YFI was up by 1.90 per cent to $5,134.17 in the last 24 hours. Its 24-hour trading volume was $10.55 million.