Crypto Prices See Marginal Decline, Trading Volume On The Rise

The global crypto market declined on Thursday. The total market cap was down by 4.87 per cent to $1.65 trillion, whereas the total trading volume was up by 64.82 per cent to 118.61 billion. Sei SEI is the most trending cryptocurrency. It was up by 8.33 per cent to $0.8032. Its 24-hour trading volume was $1.59 billion. Beam BEAM was the top gainer, up by 16.32 per cent. Its 24-hour trading volume was $88.05 million. Filecoin FIL was the top loser, down by 16.45 per cent. Its 24-hour trading volume was $762.97 million.

DeFi was down by 0.36 per cent to $11.22 Billion, Coinmarketcap.com reported.

Also Read: IRS Rules Require Reporting Data From $10k Crypto Transactions In 2024

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 4.55 per cent to $43,219.55. Its 24-hour trading volume was $47.14 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 51.2 per cent.

Ethereum: Ethereum ETH was down by 5.84 per cent to $2,240.11 from the previous day. Its 24-hour trading volume was $19.54 billion. Ethereum’s market dominance was 16.3 per cent.

Tether: Tether USDT was down by 0.08 trading at $1.00, the same as yesterday. Its 24-hour trading volume was 89.29 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 6.72 per cent to $101.24. Its 24-hour trading volume was $5.68 billion.

Avalanche AVAX was trading at $37.13, down by 9.19 per cent. Its 24-hour trading volume was $1.38 billion.

Cardano ADA was down by 8.21 per cent to $0.5644 from the previous day. Its 24-hour trading volume was $1.16 billion.

Meme Coins

Dogecoin DOGE was down by 9.84 per cent, with a 24-hour price of $0.08271. 

Shiba Inu SHIB was down by 9.10 per cent to $0.000009667.

Decentralised Finance

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

Yearn.Finance YFI was down by 7.68 per cent to $7,607.54 in the last 24 hours. Its 24-hour trading volume was 51.76 million.