The crypto market was marginally up on Wednesday evening, lifted by gains in major cryptos like Bitcoin (BTC) and Ethereum (ETH). Binance (BNB), Solana (SOL), and Shiba Inu (SHIB) were trading in the red.
Bitcoin (BTC) prices rose by 0.36 per cent, Binance fell by 0.05 per cent, and Ethereum (ETH) price was up by 0.32 percent. Bitcoin was the most trending crypto.
The crypto market was marginally up on Wednesday evening, lifted by gains in major cryptos like Bitcoin (BTC) and Ethereum (ETH). Binance (BNB), Solana (SOL), and Shiba Inu (SHIB) were trading in the red.
The broader crypto market rose 0.03 per cent to $811.84 billion by 5:10 pm on Wednesday evening. However, its trading volume was down 20.39 percent to $30.55 billion.
The XDC Network (XDC) was the top gainer, with its price increasing by 7.19 per cent, whereas Neutrino USD (USDN) was the top loser, down 8.36 per cent.
Cryptocurrency Prices
Bitcoin: BTC was the most trending crypto, up 0.36 percent to $16,874.01. BTC traded in the range of $16,810 to $16,869. The highest price for BTC today was $16,921.04.
Its trading volume fell by 20.64 percent to $17,613,187,806 in the last 24 hours.
Ethereum: ETH's momentum was highly volatile today; its price was up by 0.32 per cent to $1,216.47.
ETH’s price ranged between $1,211 and $1,215. Although it saw a significant downward slide around 6 am, it recovered later in the day. The lowest price for ETH today was $1206.74.
ETH’s trading volume was down by 21.48 percent to $5,180,999,747.
Binance: BNB fell by 0.05 per cent to $249.53 in the last 24 hours to Wednesday evening. It saw sharp ups and downs throughout the day. Its 24-hour trading volume fell by 20.93 per cent to 551,873,333.
Other Alt Coins:
Solana’s (SOL) price decreased by 2.12 per cent to $12.11.
Cardano’s (ADA) price was down by 2.11 per cent to $0.2535 and its trading volume fell by 16.92 per cent to $208,980,512.
Ripple (XRP) was also down by 0.39 per cent to $0.3436. Its trading volume in last 24 hours was $810,228,484.
Meme Coins
Dogecoin fell by 1.04 per cent to $0.07326. Its 24-hour trading volume was down by 34.49 per cent at $405,574,119.
Shiba Inu (SHIB) was down by 1.37 per cent to $0.000008281.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) was down by 0.90 per cent to $5,553.88. Its 24-hour trading volume was down by 19.48 per cent at $13,902,850.
Avalanche (AVAX) was down by 1.14 per cent at $11.85 and its 24-hour trading volume was down by 20.95 per cent at $113,367,040.
Aave (AAVE) was trading with a gain of 0.23 per cent at $56.11 and its 24-hour trading volume was at $40.91 million.