The global crypto market declined marginally on Wednesday. The total market cap was down by 0.59 per cent to $1.6 trillion, even as the total trading volume was down by 11.02 per cent to $56.86 billion.
Bonk BONK maintained its streak once again as the most trending cryptocurrency as well as top loser cryptocurrency. It was down by 12.44 per cent to $0.00001852. Its 24-hour trading volume was $308.62 million. Near Protocol NEAR was the top gainer, up by 31.09 per cent. Its 24-hour trading volume was $400.90 million.
DeFi was up by 0.49 per cent to $6.36 Billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 0.24 per cent to 42,714.23. Its 24-hour trading volume was $20.99 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 52.1 per cent.
Ethereum: Ethereum ETH was down by 1.17 per cent to $2,210.91 from the previous day. Its 24-hour trading volume was $10.20 billion. Ethereum’s market dominance was 16.6 per cent.
Tether: Tether USDT was up by 0.01 trading at $0.9998, same as yesterday. Its 24-hour trading volume was $42.79 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was down by 0.61 per cent to $75.09. Its 24-hour trading volume was $1.83 billion.
Avalanche AVAX was trading at $40.82, up by 0.32 per cent. Its 24-hour trading volume was $1.08 billion.
Cardano ADA was down by 4.45 per cent to $0.5808 from the previous day. Its 24-hour trading volume was $610.40 million.
Meme Coins
Dogecoin DOGE was down by 2.20 per cent, with a 24-hour price of $0.09085.
Shiba Inu SHIB was down by 2.58 per cent to $0.00001023.
Decentralised Finance
DeFi coin was trading at $0.04604, same as yesterday.
Yearn.Finance YFI was up by 1.46 per cent to $8,255.51 in the last 24 hours. Its 24-hour trading volume was 48.31 million.