Cryptocurrency

Crypto Market Dips Marginally, Trading Volume Declines 16%; Bitcoin, Ethereum Down

Bitcoin was down by 0.65 per cent, while Ethereum was down by 0.17 per cent. Sui SUI was the most trending cryptocurrency, while EigenLayer EIGEN was the top gainer and Worldcoin WLD was the top loser

Crypto Market Dips Marginally
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The global crypto market dipped marginally on Wednesday. The total market cap was down by 0.18 per cent to $2.17 trillion, while the total trading volume was down by 16.85 per cent to $65.94 billion. Sui SUI was the most trending cryptocurrency. It was down by 5.98 per cent to $1.91. Its 24-hour trading volume was $897.11 million.

EigenLayer EIGEN was the top gainer. It was up by 10.09 per cent. Its 24-hour trading volume was $468.66 million. Worldcoin WLD was the top loser. It was down by 6.40 per cent. Its 24-hour trading volume was $190.25 million.

DeFi was down by 1.90 per cent to $3.51 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.65 per cent to $62,150.17. Its 24-hour trading volume was $26.22 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.1 per cent.

Ethereum: Ethereum ETH was down by 0.17 per cent to $2,432.46 from the previous day. Its 24-hour trading volume was $13.93 billion. Ethereum’s market dominance was 13.9 per cent.

Tether: Tether USDT was trading at $0.9993. It was down by 0.06 per cent. Its 24-hour trading volume was $50.42 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 1.52 per cent to $143.14. Its 24-hour trading volume was $2.41 billion.

Avalanche AVAX was trading at $26.51, down by 0.25 per cent. Its 24-hour trading volume was $264.23 million.

Cardano ADA was down by 2.57 per cent to $0.3432 from the previous day. Its 24-hour trading volume was $212.23 million.

Meme Coins

Dogecoin DOGE was up by 1.47 per cent, with a 24-hour price of $0.109.

Shiba Inu SHIB was up by 0.81 per cent to $0.00001756.

Decentralised Finance

DeFi coin was trading at $0.02088, down by 6.83 per cent.

Yearn.Finance YFI was down by 0.58 per cent to $5,004.38 in the last 24 hours. Its 24-hour trading volume was $7.39 million.