Crypto Market Marginally Down, Trading Volume On The Rise

The global crypto market declined marginally on Wednesday. The total market cap was down by 0.30 per cent to $1.65 trillion, whereas the total trading volume was up by 14.02 per cent to $78 billion.

Solana SOL is the most trending cryptocurrency. It was down by 4.01 per cent to $110.82. Its 24-hour trading volume was $5.85 billion. Mina MINA was the top gainer, up by 19.12 per cent. Its 24-hour trading volume was $415.63 million. Bonk BONK 13.22 was the top loser, down by 8.35 per cent. Its 24-hour trading volume was $292.27 million.

DeFi was down by 0.24 per cent to $9.58 Billion, Coinmarketcap.com reported.

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Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.52 per cent to $42,453.30. Its 24-hour trading volume was $28.41 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 50.5 per cent.

Ethereum: Ethereum ETH was down by 0.16 per cent to $2,225.97 from the previous day. Its 24-hour trading volume was $9.96 billion. Ethereum’s market dominance was 16.3 per cent.

Tether: Tether USDT was down by 0.03 trading at $1.00, the same as yesterday. Its 24-hour trading volume was 60.31 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 4.01 per cent to $110.82. Its 24-hour trading volume was $5.85 billion.

Avalanche AVAX was trading at $43.71, down by 5.15 per cent. Its 24-hour trading volume was $1.22 billion.

Cardano ADA was down by 0.68 per cent to $0.597 from the previous day. Its 24-hour trading volume was $841.70 million.

Meme Coins

Dogecoin DOGE was down by 1.64 per cent, with a 24-hour price of $0.09086.

Shiba Inu SHIB was down by 1.65 per cent to $0.00001046

Decentralised Finance

DeFi coin was trading at $0.04604, the same as yesterday.

Yearn.Finance YFI was down by 1.75 per cent to $8,043.90 in the last 24 hours. Its 24-hour trading volume was 39.68 million.