The global cryptocurrency market rose 0.78 per cent to $1.23 trillion, and the trading volume increased by 9.82 per cent or $45.32 billion in the last 24 hours to Thursday afternoon.
The crypto market’s total trading volume increased by 9.82 per cent, as Bitcoin, the most trending cryptocurrency, traded flat, marginally up 0.26 per cent to $30,078.53.
The global cryptocurrency market rose 0.78 per cent to $1.23 trillion, and the trading volume increased by 9.82 per cent or $45.32 billion in the last 24 hours to Thursday afternoon.
Bitcoin (BTC) was the most trending cryptocurrency, priced at $30,078.53, up 0.26 per cent. WOO Network (WOO) was the top gainer, up 9.31 per cent to $0.2447. Its 24-hour trading volume was $4.7 million. Conversely, Stacks (STX) was the top loser, down 6.41 per cent to $0.8723. Its 24-hour trading volume was $158 million.
DeFi accounted for 9.15 per cent or $4.15 billion of the crypto market’s 24-hour trading volume, Coinmarketcap.com reported
Cryptocurrency Prices
Bitcoin: Bitcoin’s price increased by 0.26 per cent to $30,078.53. Its 24-hour trading volume was $18.6 billion. It is ranked number 1 on Coinmarketcap based on the market cap. Its dominance at 1 pm IST stood at 47.24 per cent, an increase of 0.23 per cent over the previous day.
Ethereum: The price of Ethereum was up by 2.21 per cent to $1,915.05. Its 24-hour trading volume is around $11 billion.
Tether: Tether increased by 0.01 per cent in the last 24 hours. It traded at $1.00, with a 24-hour trading volume of about $30 billion. It was ranked third on Coinmarketcap.
Other Altcoins
Solana’s (SOL) price increased by 1.18 per cent to $24.18 in the last 24 hours.
Avalanche was trading at $18.44, up 1.97 per cent, while its 24-hour trading volume stood at $310 million.
Cardano (ADA) was up 2.55 per cent. It is ranked seventh, with a 24-hour trading volume of $372 million.
Meme Coins
Dogecoin (DOGE) was up 1.27 per cent with a 24-hour trading volume of $537 million.
Shiba Inu was up by 0.66 per cent to $0.00001093.
Decentralised Finance
DeFi’s trading volume was $4.15 billion, or 9.15 per cent of the crypto market’s 24-hour total volume.
Yearn.finance was up by 0.69 per cent to $9,044.23 in the last 24 hours, while its 24-hour market cap was $296 million.