Cryptocurrency

Crypto Market Dips Marginally, Trading Volume Rises; Bitcoin, Ethereum Down

Bitcoin was down by 0.04 per cent, while Ethereum was up by 0.16 per cent. Notcoin NOT was the most trending, while Pendle PENDLE was the top gainer and Pyth Network PYTH was the top loser.

Crypto Market Dips Marginally
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The global crypto market declined marginally on Monday. The total market cap was down by 0.26 per cent to $2.43 trillion, while the total trading volume was up by 12.73 per cent to $56.65 billion. Notcoin NOT was the most trending cryptocurrency. It was down by 12.13 per cent to $0.01955. Its 24-hour trading volume was $190.12 million. Pendle PENDLE was the top gainer. It was up by 5.01 per cent. Its 24-hour trading volume was $100.14 million. Pyth Network PYTH was the top loser. It was down by 11.64 per cent. Its 24-hour trading volume was $281.13 million.

DeFi was down by 1.35 per cent to $5.47 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said "Bitcoin is currently priced at $67,330.50, up 0.15% in the last day, with a trading volume of $16.3 billion and a market cap of $1.33 trillion. Technically, it remains above the $66,680 pivot point, signaling bullish momentum. Key resistance levels are $69,296, $71,090 and $72,809, while support levels are $64,662, $63,299,l and $61,517. The RSI at 64 suggests room for further upside, with the 50-day EMA at $64,739 reinforcing the bullish trend. Doji candles indicate neutral sentiment, but if Bitcoin holds above $66,680, the trend is positive. Tracking these levels will be key to predicting Bitcoin's next move."

Crytocurrency Prices

Bitcoin: Bitcoin BTC was down by 0.04 per cent to $67,112.91. Its 24-hour trading volume was $21.75 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 52.7 per cent.

Ethereum: Ethereum ETH was up by 0.16 per cent to $3,127.08 from the previous day. Its 24-hour trading volume was $10.38 billion. Ethereum’s market dominance was 15.3 per cent.

Tether: Tether USDT was trading at $0.9999. It was down by 0.01 per cent. Its 24-hour trading volume was $43.21 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 1.51 per cent to $177.30. Its 24-hour trading volume was $2.76 billion.

Avalanche AVAX was trading at $36.42, up by 7.50 per cent. Its 24-hour trading volume was $338.69 million.

Cardano ADA was down by 0.72 per cent to $0.4771 from the previous day. Its 24-hour trading volume was $840.80 million.

Meme Coins

Dogecoin DOGE was down by 1.73 per cent, with a 24-hour price of $0.1526.

Shiba Inu SHIB was down by 2.38 per cent to $0.00002428.

Decentralised Finance

DeFi coin was trading at $0.04604, the same as yesterday.

Yearn.Finance YFI was down by 1.05 per cent to $6,932.32 in the last 24 hours. Its 24-hour trading volume was $14.39 million.