Crypto Market Gains Marginally, Trading Volume Surges 48%; Bitcoin, Ethereum Up

The global crypto market gained marginally on Monday. The total market cap was up by 1.57 per cent to $2.24 trillion, while the total trading volume was up by 48.38 per cent to $66.49 billion. AI Companions AIC was the most trending cryptocurrency. It was down by 7.23 per cent to $0.09438. Its 24-hour trading volume was $4.22 million.

Bittensor TAO was the top gainer. It was up by 23.52 per cent. Its 24-hour trading volume was $281.27 million. Pendle PENDLE was the top loser. It was down by 6.63 per cent. Its 24-hour trading volume was $254.83 million.

DeFi was up by 0.70 per cent to $3.60 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Ethereum (ETH) and Lido Staked Ether (STETH) rose 4.8% to $2,547, while Bitcoin (BTC) rose 1.7% to $63,497. German public prosecutor shut down 47 exchange platforms involved in illegal activities. Terraform Laboratories, led by Do Kwon, received court approval to cease operations during bankruptcy. Tether has invested $1.5 million in Sorted Wallet to promote financial inclusion in Africa and South Asia. PancakeSwap celebrated its 4th anniversary with 43 million unique addresses, $836 billion in trade volume and a deflationary CAKE burn. Unstoppable Domains has partnered with LFG to launch the .LFG domain for the Gala Games ecosystem."

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 1.34 per cent to $63,850.97. Its 24-hour trading volume was $26.65 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 up by 3.03 per cent to $2,664.86 from the previous day. Its 24-hour trading volume was $16.41 billion. Ethereum’s market dominance was 13.9 per cent.

Tether: Tether USDT was trading at $1. It was down by 0.02 per cent. Its 24-hour trading volume was $50.75 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 0.59 per cent to $146.69. Its 24-hour trading volume was $1.98 billion.

Avalanche AVAX was trading at $27.59, up by 0.80 per cent. Its 24-hour trading volume was $298.94 million.

Cardano ADA was up by 0.59 per cent to $0.3554 from the previous day. Its 24-hour trading volume was $201.37 million.

Meme Coins

Dogecoin DOGE was up by 0.07 per cent, with a 24-hour price of $0.1077.

Shiba Inu SHIB was up by 0.18 per cent to $0.0000147.

Decentralised Finance

DeFi coin was trading at $0.0197, up by 0.29 per cent.

Yearn.Finance YFI was up by 0.40 per cent to $5,030.64 in the last 24 hours. Its 24-hour trading volume was $8.66 million.