Bitcoin was up by 4.42 per cent, while Ethereum was up by 2.34 per cent. Bitcoin BTC was also the most trending, while SATS 1000SATS was the top gainer and Mantra OM was the top loser.
The global crypto market gains marginally on Friday. The total market cap was up by 3.40 per cent to $2.39 trillion even though the total trading volume was also up by 0.58 per cent to $82.18 billion. Bitcoin BTC was the most trending. It was up by 4.42 per cent to $67,006.63. Its 24-hour trading volume was $35.38 billion.
SATS 1000SATS was the top gainer. It was up by 16.57 per cent. Its 24-hour trading volume was $201.62 million. Mantra OM was the top loser. It was down by 3.22 per cent. Its 24-hour trading volume was $17.88 million.
DeFi was up by 1.09 per cent to $4.71 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "VanEck predicts that Bitcoin could reach $2.9 million by 2050, thanks to its acceptance as a global medium of exchange and reserve asset. As traditional reserve currencies lose value and Bitcoin's scalability issues are addressed, it could facilitate 10% of international trade and 5% of domestic trade. Central banks could hold 2.5% of their assets in BTC, leading to a market cap of $61 trillion. Bitcoin's role in the global financial system could grow significantly depending on overcoming scalability issues and maintaining stability. Bitcoin is currently trading at $66,274, showing a 0.75% increase and a bullish trend."
Bitcoin: Bitcoin BTC was up by 4.42 per cent to $67,006.63. Its 24-hour trading volume was 35.38 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 2.34 per cent to $3,260.27 from the previous day. Its 24-hour trading volume was $21.49 billion. Ethereum’s market dominance was 17.1 per cent.
Tether: Tether USDT was trading at $1.00. It was up by 0.02 per cent. Its 24-hour trading volume was $62.63 billion. It is ranked third on Coinmarketcap.
Solana SOL was up by 3.48 per cent to $177.52. Its 24-hour trading volume was $3.54 billion.
Avalanche AVAX was trading at $28.15, up by 1.79 per cent. Its 24-hour trading volume was $369.64 million.
Cardano ADA was up by 2.98 per cent to $0.4086 from the previous day. Its 24-hour trading volume was $317.62 million.
Dogecoin DOGE was up by 4.44 per cent, with a 24-hour price of $0.1291.
Shiba Inu SHIB was up by 3.20 per cent to $0.00001675.
DeFi coin was trading at $0.03333, up by 0.38 per cent.
Yearn.Finance YFI was up by 3.18 per cent to $5,743.23 in the last 24 hours. Its 24-hour trading volume was $9.87 million.