Crypto Prices See Marginal Decline With Rise In Trading Volume

The global crypto market declined on Wednesday. The total market cap was down by 0.75 per cent to $1.71 trillion, whereas the total trading volume was up by 0.68 per cent to 83.95 billion. Xai XAI was the most trending cryptocurrency. It was down by 16.98 per cent to $0.5628. Its 24-hour trading volume was $423.19 million, while Helium HNT was the top gainer, up by 19.85 per cent. Its 24-hour trading volume was $58.51 million. Klaytn KLAY was the top loser, down by 32.49 per cent. Its 24-hour trading volume was $23.38 million.

DeFi was down by 1.54 per cent to $6.91 Billion, Coinmarketcap.com reported.

Also Read: Bitcoin Mining Stocks Surpass $3.5 Billion In Trading Volume

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 1.49 per cent to $46,032.63. Its 24-hour trading volume was $38.12 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 52.8 per cent.

Ethereum: Ethereum ETH was up by 3.22 per cent to $2,378.21 from the previous day. Its 24-hour trading volume was $17.09 billion. Ethereum’s market dominance was 16.6 per cent.

Tether: Tether USDT was down by 0.02 trading at $1.00, the same as yesterday. Its 24-hour trading volume was 60.80 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 2.79 per cent to $98.88 Its 24-hour trading volume was $3.38 billion.

Avalanche AVAX was trading at $34.59, down by 6.14 per cent. Its 24-hour trading volume was $836.12 million.

Cardano ADA was down by 4.47 per cent to $0.5094 from the previous day. Its 24-hour trading volume was 647.06 million.

Meme Coins

Dogecoin DOGE was down by 2.06 per cent, with a 24-hour price of $0.07893.

Shiba Inu SHIB was down by 0.14 per cent to $0.000009501.

Decentralised Finance

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

Yearn.Finance YFI was down by 3.01 per cent to $7,543.85 in the last 24 hours. Its 24-hour trading volume was 43.10 million.