Crypto Price Update: Market Retreats As Bitcoin dips 0.79%, Ethereum Plummets 1.50%

The global crypto market decreased by 1.03 per cent to $1.15 trillion over the past 24 hours to Tuesday noon. On the other hand, the trading volume rose 17.11 per cent to $36.90 billion.

Arbitrum (ARB) was the most trending cryptocurrency, priced at $1.31, down 2.09 per cent from the previous day. Its 24-hour trading volume was $601 million. FLOKI (FLOKI) was the top gainer, up by 33.99 per cent to $0.00003853.

PancakeSwap CAKE was the top loser, down 15.35 per cent to $2.78. Its 24-hour trading volume was $139 million. The DeFi segment fell 8.54 per cent to 3.15 billion from the previous day, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin’s price fell 0.79 per cent to $27,443.80. Its 24-hour trading volume was $16.70 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance stood at 45.98 per cent, up 0.03 per cent, over the previous day.

Ethereum: Ethereum’s price decreased by 1.50 per cent to $1,830.39. Its 24-hour trading volume was $8.18 billion.

Tether: Tether fell 0.03 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $24.49 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana’s (SOL) price fell by 2.21 per cent to $21.07 in the last 24 hours.

Avalanche traded at $17.01, up 1.20 per cent, while its 24-hour trading volume stood at $155 million.

Cardano (ADA) fell 1.73 per cent. It is ranked seventh, with a 24-hour trading volume of $278 million.

Meme Coins

Dogecoin (DOGE) was down 0.49 per cent, with a 24-hour price of $0.07879.

Shiba Inu decreased by 0.82 per cent to $0.00001025.

Decentralised Finance

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

Yearn.Finance was down by 2.37 per cent to $8,001.23 in the last 24 hours, while its 24 hour market cap was $263 million