Crypto Prices Gain Marginally, Trading Volume Up

The global crypto market declined on Wednesday. The total market cap was up by 0.40 per cent to $1.69 trillion, even the total trading volume was up by 7.44 per cent to 58.15 billion. Xai XAI was the most trending cryptocurrency. It was down by 9.52 per cent to $1.01. Its 24-hour trading volume was $281.00 million, while Beam BEAM was the top gainer, up by 15.37 per cent. Its 24-hour trading volume was $65.29 million. Sui SUI was the top loser, down by 8.02 per cent. Its 24-hour trading volume was $450.08 million.

DeFi was up by 0.34 per cent to $4.76 Billion, Coinmarketcap.com reported.

Also Read: Morgan Stanley Says Bitcoin's 'Remarkable' Growth And CBDCs Threaten US dollar

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.23 per cent to $42,627.51. Its 24-hour trading volume was $24.05 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 49.8 per cent.

Ethereum: Ethereum ETH was up by 1.06 per cent to $2,556.96 from the previous day. Its 24-hour trading volume was $11.29 billion. Ethereum’s market dominance was 18.1 per cent.

Tether: Tether USDT was up by 0.06 trading at $0.9996. Its 24-hour trading volume was 42.47 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 0.93 per cent to $98.18 Its 24-hour trading volume was $2.08 billion.

Avalanche AVAX was trading at $35.58, up by 0.03 per cent. Its 24-hour trading volume was 514.33 million.

Cardano ADA was down by 0.22 per cent to $0.5307 from the previous day. Its 24-hour trading volume was 331.36 million.

Meme Coins

Dogecoin DOGE was up by 0.02 per cent, with a 24-hour price of $0.08076.

Shiba Inu SHIB was down by 0.33 per cent to $0.00000958.

Decentralised Finance

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

Yearn.Finance YFI was down by 0.76 per cent to $7,804.67 in the last 24 hours. Its 24-hour trading volume was 27.75 million.