Cryptocurrency

Crypto Market Continues Rally From Last Week Even As Trading Volume Dips 7.67%

Bitcoin was up by 0.68 per cent, while Ethereum gained 0.26 per cent. Hifi Finance HIFI was the most trending cryptocurrency, while Chainlink LINK was the top gainer and IOTA MIOTA was the top loser

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The global cryptocurrency market continued its rally from last week. The total market cap was up by 0.31 per cent to $1.06 trillion on Monday, even though the total trading volume was down by 7.67 per cent to $19.08 billion.

Hifi Finance HIFI was the most trending cryptocurrency, down by 27.16 per cent to $0.8777. Its

24-hour trading volume was $540.83 million. Chainlink LINK was the top gainer, up by 5.85 per cent to $6.58 in the last 24 hours. Its 24-hour trading volume was $195.73 million. IOTA MIOTA was the top loser, down by 3.82 per cent to $0.1508 in the last 24 hours. Its 24-hour trading volume was $11.73 million.

DeFi fell 11.29 per cent to $2.15 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was up by 0.68 per cent to $26,728.00. Its 24-hour trading volume was $7.93 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 49.05 per cent, down by 0.11 per cent over the last 24 hours.

Ethereum: Ethereum was up by 0.26 per cent to $1,634.89 from the previous day. Its 24-hour trading volume was $3.60 billion.

Tether: Tether was up by 0.05 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $14.21 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up by 0.88 per cent to $19.17. Its 24-hour trading volume was $156.50 million.

Avalanche was trading at $9.16, down by 1.27 per cent. Its 24-hour trading volume was $109.93 million.

Cardano ADA was down by 0.09 per cent to $0.2491 from the previous day. Its 24-hour trading volume was $87 million.

Meme Coins

Dogecoin (DOGE) was down by 0.83 per cent, with a 24-hour price of $0.06189.

Shiba Inu was up by 0.84 per cent to $0.000007267.

Decentralised Finance

DeFi coin was trading at $0.0006558, up by 1.52 per cent.

Yearn.Finance was up by 0.42 per cent to $5,482.12 over the last 24 hours, while its 24-hour trading volume was $19.80 million.