The global crypto market declined marginally on Monday. The total market cap was down by 0.76 per cent to $1.62 trillion, while the total trading volume was up by 13.24 per cent to $40.04 billion.
Manta Network MANTA was the most trending cryptocurrency for the seventh consecutive day. It was down by 3.97 per cent to $3.64. Its 24-hour trading volume was $422.75 million. Conflux CFX was the top gainer, up by 12.31 per cent. Its 24-hour trading volume was $139.63 million. Helium
HNT was the top loser, down by 5.54 per cent. Its 24-hour trading volume was $12.73 million.
Sathvik Vishwanath, co-founder & CEO, Unocoin said that “Bitcoin climbed to $42,220 amid positive response to BlackRock’s Bitcoin exchange-traded fund (ETF), which Rachel Aguirre, BlackRock’s US director, hailed as a ‘huge success’”.
He added: “The dollar weakened after inflation, falling 0.1 per cent to 103.41 in the dollar index, hinting at possible Fed rate adjustments. Bitcoin is currently trading at $42,401, thus indicating an uptrend with major resistance levels at $43,394 and support at $40,957. Priced at $2,289.7, Ethereum is showing bullish momentum above $2,320 and is hitting resistance at $2,388.”
DeFi was down by 0.62 per cent to $4.25 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was down by 0.21 per cent to $42,149.18. Its 24-hour trading volume was $15.54 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 50.9 per cent.
Ethereum: Ethereum ETH was down by 1.07 per cent to $2,265.23 from the previous day. Its 24-hour trading volume was $6.87 billion. Ethereum’s market dominance was 16.8 per the per cent.
Tether: Tether USDT was down by 1.07 per cent to $0.9999. Its 24-hour trading volume was 27.65 billion. It is currently ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was up by 0.09 per cent to $96.74. Its 24-hour trading volume was $2.35 billion.
Avalanche AVAX was trading at $34.99, down by 1.99 per cent. Its 24-hour trading volume was $808.89 million.
Cardano ADA was down by 1.29 per cent to $0.4921 from the previous day. Its 24-hour trading volume was $329.37 million.
Meme Coins
Dogecoin DOGE was down by 2.44 per cent, with a 24-hour price of $0.07911.
Shiba Inu SHIB was down by 1.95 per cent to $0.000009057.
Decentralised Finance
DeFi coin was trading at $0.04604, same as yesterday.
Yearn.Finance YFI was down by 1.16 per cent to $7,269.72 in the last 24 hours. Its 24-hour trading volume was 12.81 million.
