Cryptocurrency

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

Bitcoin was down by 2.65 per cent, while Ethereum was down by 6.78 per cent. EGO EGO was the most trending cryptocurrency, while Peanut the Squirrel PNUT was the top gainer, and Cronos CRO was the top loser

Crypto Market Dips, Trading Volume Declines Marginally; Bitcoin, Ethereum Down
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The global crypto market decreased marginally on Wednesday. The total market cap was down by 4.59 per cent to $2.87 trillion, while the total trading volume was down by 0.91 per cent to $310.751 billion.

EGO EGO was the most trending cryptocurrency. It was down by 227.87 per cent to $0.02957. Its 24-hour trading volume was $14.09 million. Peanut the Squirrel PNUT was the top gainer. It was up by 83.08 per cent. Its 24-hour trading volume was $1.72 billion. Cronos CRO was the top loser. It was down by 21.88 per cent. Its 24-hour trading volume was $439.32 million.

DeFi was down by 11.86 per cent to $14.98 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 2.65 per cent to $86,924.49. Its 24-hour trading volume was $119.56 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 57.5 per cent.

Ethereum: Ethereum ETH was down by 6.78 per cent to $3,135.27 from the previous day. Its 24-hour trading volume was $53.94 billion. Ethereum’s market dominance was 13.3 per cent.

Tether: Tether USDT was trading at $1. It was down by 0.02 per cent. Its 24-hour trading volume was $248.19 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 7.71 per cent to $202.61. Its 24-hour trading volume was $11.10 billion.

Avalanche AVAX was trading at $31.78, down by 14.49 per cent. Its 24-hour trading volume was $1.65 billion.

Cardano ADA was down by 11.99 per cent to $0.5255 from the previous day. Its 24-hour trading volume was $2.79 billion.

Meme Coins

Dogecoin DOGE was up by 10.29 per cent, with a 24-hour price of $0.00002386.

Shiba Inu SHIB was down by 17 59 per cent to $0.00002387.

Decentralised Finance

DeFi coin was trading at $0.01817, down by 6.15 per cent.

Yearn Finance YFI was down by 9.65 per cent to $5,996.26 in the last 24 hours. Its 24-hour trading volume was $90.02 million.