Crypto Price Update: Market Gains 0.27% As Bitcoin Drops 0.31%; Pepe (PEPE) Crypto Trends

The global cryptocurrency market rose 0.27 per cent to $1.14 trillion, while the trading volume fell 26.38 per cent to $31.68 billion in the past 24 hours to Wednesday morning.

Pepe (PEPE) was the most trending cryptocurrency, up 9.33 per cent to $0.000002054. Its 24-hour trading volume was $562 million. Bitcoin SV was the top gainer with an increase of 39.34 per cent to $42.00 over the previous day. Its 24-hour trading volume was $404 million.

Conversely, Render Token (RNDR) was the top loser with a decrease of 7.73 per cent to $1.70. DeFi fell 7.49 per cent to $2.37 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin’s price increased by 0.31 per cent to $27,708.28. Its 24-hour trading volume was $14.02 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance stood at 46.96 per cent, an increase of 0.04 per cent over the previous day.

Ethereum: Ethereum’s price decreased by 0.01 per cent to $1,844.04. Its 24-hour trading volume was $6 billion.

Tether: Tether decreased by 0.04 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $21.90 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price increased by 0.02 per cent to $20.70 in the last 24 hours.

Avalanche traded at $15.32, down 0.65 per cent, while its 24-hour trading volume stood at $116 million.

Cardano (ADA) fell by 0.29 per cent to $0.3643. It is ranked seventh, with a 24-hour trading volume of $194 million.

Meme Coins

Dogecoin (DOGE) rose by 0.89 per cent, with a 24-hour price of $0.07319.

Shiba Inu increased by 2.03 per cent to $0.000008982.

Decentralised Finance

DeFi coin was trading at $0.02099, up 0.19 per cent over the previous day.

Yearn.Finance was up by 0.51 per cent to $7,247.79 in the last 24 hours, while its 24-hour trading volume was $18.84 million.