Crypto Price Update: Bitcoin Gains 1.76℅, Ethereum Up 1.74%

The global cryptocurrency market cap increased by 1.28 per cent to $1.18 trillion over the past 24 hours, while the total trading volume decreased by 2.32 per cent to $35.27 billion on Wednesday morning.

Sui (IOU) SUI was the most trending cryptocurrency on Wednesday morning, up by 38.13 per cent to $2.76 from the previous day. Its 24-hour trading volume was $911,229.

Stacks STX was the top gainer, up by 13.08 per cent to $0.7758. Render Token RNDR was the top loser, down 3.31 per cent to $2.09. Its 24-hour trading volume was $206.21 million. DeFi fell 6.99 per cent to $2.46 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin’s price increased by 1.76 per cent to $28,542.03. Its 24-hour trading volume was $16.51 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance stood at 46.93, up by 0.26 per cent over the previous day.

Ethereum: Ethereum’s price increased by 1.74 per cent to $1,863.53. Its 24-hour trading volume was $7.42 billion.

Tether: Tether’s price increased by 0.02 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $25.05 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price increased by 0.03 per cent to $21.89 in the last 24 hours.

Avalanche was trading at $16.73, up 0.73 per cent, while its 24-hour trading volume stood at $104.43 million.

Cardano (ADA) fell by 0.15 per cent to $0.3867. It is ranked seventh, with a 24-hour trading volume of $201.51 million.

Meme Coins

Dogecoin (DOGE) fell by 0.41 per cent, with a 24-hour price of $0.07832.

Shiba Inu increased by 0.55 per cent to $0.000009964.

Decentralised Finance

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

Yearn.Finance was down by 0.44 per cent to $7,938.25 in the last 24 hours, while its 24 hour market cap was $261.70 million.