The volatility in the global crypto market continued into the third day of the week. After two days of marginal gains, the global crypto market dipped marginally on Wednesday. The total market cap was down by 1.72 per cent to $1.54 trillion, while the total trading volume was down by 12.43 per cent to $70.2 billion.
Bonk BONK was the most trending cryptocurrency for the third consecutive day as well as the top loser, down by 25.61 per cent to $0.0009797. Its 24-hour trading volume was $151.50 million. Fetch.ai FET was the top gainer, up by 17.36 per cent to $0.5975. Its 24-hour trading volume was $298.51 million.
DeFi was down by 2.62 per cent to $7.64 Billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 1.24 per cent to $41,004.81. Its 24-hour trading volume was $25.01 billion. It is currently ranked number 1 on Coinmarketcap, based on the market cap. Bitcoin’s market dominance was 52.10 per cent.
Ethereum: Ethereum ETH was down by 2.19 per cent to $2,170.02 from the previous day. Its 24-hour trading volume was $12.10 billion. Ethereum’s market dominance was 17 per cent.
Tether: Tether USDT was down by 0.01 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $51.51 billion. It is ranked third on Coinmarketcap.
Meme Coins
Dogecoin DOGE was down by 3.48 per cent, with a 24-hour price of $0.0918.
Shiba Inu SHIB was down by 2.60 per cent to $0.0000093.
Decentralised Finance
DeFi coin was trading at $0.04604, same as yesterday.
Yearn.Finance YFI was down by 3.40 per cent to $8262.28 over the last 24 hours, while its 24-hour trading volume was $56.50 million.