Global Crypto Market Plunges Over 1%; Bitcoin Down 1.04%, Ethereum Gains 0.07%

The global cryptocurrency market fell 1.01 per cent to $1.26 trillion, while the trading volume plunged 6.84 per cent to $46.83 billion in the last 24 hours, Coinmarketcap.com reported.

Pepe (PEPE) was the most trending cryptocurrency, down 0.23 per cent to $0.000001197. Its 24-hour trading volume was $397 million. FLOKI (FLOKI) was the top gainer, up 21.58 per cent to $0.000038 in the last 24 hours. Its 24-hour trading volume was $327 million. Bitcoin SV BSV was the top loser, down 7.96 per cent to $45.99. Its 24-hour trading volume was $79 million.

DeFi fell 9.54 per cent to $4.47 billion, according to Coinmarketcap.com.

Cryptocurrency Prices

Bitcoin: Bitcoin fell 1.04 per cent to $34,100.17. Its 24-hour trading volume was $18.7 billion. It is currently ranked number 1 on Coinmarketcap, based on its market cap, which stood at 53.06 per cent, down by 0.13 per cent over the last 24 hours.

Ethereum: Ethereum was up 0.07 per cent to $1,795.58 from the previous day. Its 24-hour trading volume was $10.7 per cent.

Tether: Tether was down by 0.00 per cent to $1.00 in the last 24 hours. Tether’s 24-hour trading volume was $33 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up by 0.98 per cent to $32.57. Its 24-hour trading volume was $994 million.

Avalanche was trading at $10.67, down 2.53 per cent. Its 24-hour trading volume was $363 million.

Cardano ADA was down by 0.95 per cent to $0.2855 from the previous day. Its 24-hour trading volume was $262 million.

Meme Coins

Dogecoin (DOGE) was up by 0.76 per cent, with a 24-hour price of $0.071.

Shiba Inu was down by 1.39 per cent to $0.000007848.

Decentralised Finance

DeFi coin was trading at $0.001071, up by 0.32 per cent.

Yearn.Finance was down by 1.69 per cent to $5,726.42 over the last 24 hours, while its 24-hour trading volume was $46 million.