The global crypto market propelled 6.68 per cent to $1.02 trillion on Monday morning, boosted by massive gains in Bitcoin (BTC), Ethereum (ETH), and other cryptos.
Bitcoin's dominance was 42.35 per cent, an increase of 0.55 per cent over the previous day.
The global crypto market propelled 6.68 per cent to $1.02 trillion on Monday morning, boosted by massive gains in Bitcoin (BTC), Ethereum (ETH), and other cryptos.
However, the overall trading volume of the crypto market decreased by 8.24 per cent to $73.06 billion, Coinmarketcap.com reported.
USD Coin was the most trending cryptocurrency, priced at $0.9939, up 0.91 per cent in the last 24 hours. Synthetix SNX was the top gainer, with a 30.57 per cent increase to $2.90. Its 24-hour trading volume was $14,35,61,708.
Bone ShibaSwap was the top loser, down 0.88 per cent to $1.53. Its 24-hour trading volume was $2,23,89,465.
Cryptocurrency Prices
Bitcoin: BTC rose 8.78 per cent to $22,456.17, raising its market dominance by 0.55 per cent to 42.35 per cent at 10 am IST from the previous day. Its 24-hour trading volume was $33,55,38,58,548. It is currently ranked number 1 on Coinmarketcap based on market cap.
Ethereum: Ethereum’s price was up 8.37 per cent to $1,605.57, with a 24-hour trading volume of $12,64,89,75,643.
Tether: It was trading at $1.00, and its 24-hour trading volume was $55,80,04,92,450. It was ranked third based on its market cap.
Solana’s (SOL) price was up 9.22 per cent to $19.77 in the last 24 hours.
Avalanche was trading at $16.14, up 11.25 per cent in the last 24 hours, while its 24-hour trading volume stood at $28,94,13,159.
Cardano (ADA) was up 10.74 per cent in the last 24 hours. It is ranked 7, with a 24 hour trading volume of $48,84,98,960.
Meme Coins
Dogecoin (DOGE) increased by 6.05 per cent with a trading volume of $45,09,90,368.
Shiba Inu was up by 5.62 per cent to $0.00001086.
Decentralised Finance (DeFi)
The DeFi crypto traded flat at $0.046042 in the last 24 hours.
Yearn.finance increased by 13.23 per cent to $8,375.98 in the last 24 hours, while its trading volume was $10,55,48,804.
Aave was up 9.71 per cent in the last 24 hours. Its trading volume was $7,77,62,678.