Crypto Market Rises Marginally, Trading Volume Gains 24.52 Per Cent; Bitcoin Down, Ethereum Up

The global crypto market Increased marginally on Monday. The total market cap was up by 0.19 per cent to $2.57 trillion, while the total trading volume was up by 24.52 per cent to $65.5 billion. Pepe PEPE was the most trending cryptocurrency. It was up by 11.65 per cent to $0.00001662. Its 24-hour trading volume was $2.63 Billion. JasmyCoin JASMY was the top gainer. It was up by 26.08 per cent. Its 24-hour trading volume was $413.32 million. Core CORE was the top loser. It was down by 6.56 per cent. Its 24-hour trading volume was $132.60 million.

DeFi was up by 0.89 per cent to $5.95 billion, Coinmarketcap.com reported.

Also Read: Ethereum Foundation to have conflict of interest policy after EigenLayer crossovers

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin (BTC/USD) is currently trading at $69,088, down 0.33%, indicating a bearish trend. Crucial is the pivot point at $68,747 with resistance levels of $70,000, $71,500 and $73,000 and support at $68,500, $67,000 and $65,900. The RSI at 56.26 suggests neutral momentum, while the 50-day EMA at $68,747 acts as significant support. A break above $70,000 could signal a bullish continuation towards $71,500 and $73,000, while a break below $68,500 could lead to a drop to $67,000 and $65,900."

Meme Coins

Dogecoin DOGE was down by 3.69 per cent, with a 24-hour price of $0.1653.

Shiba Inu SHIB was down by 1.01 per cent to $0.00002448.

Decentralised Finance

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

Yearn.Finance YFI was down by 0.54 per cent to $7,244.85 in the last 24 hours. Its 24-hour trading volume was $12.45 million.