The global crypto market rose 1.74 per cent to $1.10 trillion as most major cryptocurrencies posted robust price gains for the second consecutive day.
Bitcoin was the most trending cryptocurrency on Wednesday morning as its price rally continued for the second consecutive day.
The global crypto market rose 1.74 per cent to $1.10 trillion as most major cryptocurrencies posted robust price gains for the second consecutive day.
The trading volume also increased by about 15 per cent to $102.63 billion in the last 24 hours as the crypto market rally continued, Coinmarketcap.com reported.
Bitcoin was the most trending cryptocurrency, priced at $24,889.00, up by 1.69 per cent in the last 24 hours. SingularityNET AGIX was the top gainer, with a 38.22 per cent increase to $0.541510. Its 24-hour trading volume was $63,54,93,327.
Conversely, Maker MKR was the top loser, down 1.54 per cent to $879.63. Its 24-hour trading volume was $12,37,25,229.
Cryptocurrency Prices
Bitcoin: BTC rose 1.69 per cent to $24,889.00, raising its market dominance by 0.09 per cent to 43.66 per cent at 10 am IST from the previous day. Its 24-hour trading volume was $55,07,37,85,948. It is currently ranked number 1 on Coinmarketcap based on market cap.
Ethereum: Ethereum’s price was up 1.67 per cent to $1,709.45, with a trading volume of $16,27,04,67,108 in the last 24 hours.
Tether: It traded at $1.00 with a trading volume was $76,13,56,33,636. It was ranked third.
Solana’s (SOL) price was up 4.16 per cent to $21.31 in the last 24 hours.
Avalanche was trading at $17.40, up 5.53 per cent, while its 24-hour trading volume stood at $43,44,76,707.
Cardano (ADA) was up 0.05 per cent. It is ranked 7, with a 24 hour trading volume of $63,30,40,224.
Meme Coins
Dogecoin (DOGE) increased by 3.78 per cent with a trading volume of $65,66,37,860.
Shiba Inu was up by 2.04 per cent to $0.000011.
Decentralised Finance (DeFi)
The total trading volume in DeFi was $9.59 billion, 9.33 per cent of the overall crypto market.
Yearn.finance decreased by 0.92 per cent to $9,020.01 in the last 24 hours, while its trading volume was $10,52,02,824.