The global crypto market declined marginally on Friday. The total market cap was down by 0.63 per cent to $2.35 trillion even though the total trading volume was also down by 9.24 per cent to $69.02 billion. Bitcoin BTC was the most trending. It was down by 0.46 per cent to $64,182.55. Its 24-hour trading volume was $26.61 million.
Mantle MNT was the top gainer. It was up by 11.74 per cent. Its 24-hour trading volume was $240.61 million. XRP XRP was the top loser. It was down by 7.58 per cent. Its 24-hour trading volume was $2.77 billion.
DeFi was down by 0.83 per cent to $4.28 billion, Coinmarketcap.com reported.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin (BTC) breached $65,000 to peak at $65,360, thanks to bullish forecasts by veteran trader Peter Brandt, who predicts that BTC could reach $150,000 by the end of 2025 if it stays above $56,000. This increase is also supported by significant investments in US spot bitcoin ETFs, notably BlackRock's iShares Bitcoin Trust. BTC is currently trading around $64,760, with key resistance at $65,000 and support at $64,500. With a market cap of $1.28 trillion and a circulating supply of 19.73 million BTC, technical indicators show a cautiously bullish trend that suggests further potential gains."
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 0.46 per cent to $64,182.55. Its 24-hour trading volume was 26.61 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 53.9 per cent.
Ethereum: Ethereum ETH was up by 0.26 per cent to $3,424.12 from the previous day. Its 24-hour trading volume was $14.70 billion. Ethereum’s market dominance was 17.5 per cent.
Tether: Tether USDT was trading at $0.9999. It was down by 0.01 per cent. Its 24-hour trading volume was $52.58 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was down by 2.96 per cent to $161.35. Its 24-hour trading volume was $2.15 billion.
Avalanche AVAX was trading at $27.09, down by 1.89 per cent. Its 24-hour trading volume was $269.38 million.
Cardano ADA was down by 2.38 per cent to $0.4241 from the previous day. Its 24-hour trading volume was $363.51 million.
Meme Coins
Dogecoin DOGE was down by 1.98 per cent, with a 24-hour price of $0.1202.
Shiba Inu SHIB was down by 6.56 per cent to $0.00001751.
Decentralised Finance
DeFi coin was trading at $0.03622, down by 2.14 per cent.
Yearn.Finance YFI was down by 4.79 per cent to $5,822.97 in the last 24 hours. Its 24-hour trading volume was $19.64 million.
