Cryptocurrency

Crypto Market Dips, Trading Volume Gains 42%; Bitcoin, Ethereum Down

Bitcoin was down by 3.47 per cent, while Ethereum was down by 5.65 per cent. Hamster Kombat HMSTR was the most trending cryptocurrency, while FTX Token FTT was the top gainer and Starknet STRK was the top loser

Crypto Market Dips
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The global crypto market declines on Wednesday. The total market cap was down by 4.22 per cent to $2.161 trillion, while the total trading volume was up by 42.40 per cent to $115.14 billion. Hamster Kombat HMSTR was the most trending cryptocurrency. It was down by 12.94 per cent to $0.004719. Its 24-hour trading volume was $303.79 million.

FTX Token FTT was the top gainer. It was up by 18.61 per cent. Its 24-hour trading volume was $192.17 million. Starknet STRK was the top loser. It was down by 15.24 per cent. Its 24-hour trading volume was $110.71 million.

DeFi was down by 5.22 per cent to $6.25 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was down by 3.47 per cent to $61,546.88. Its 24-hour trading volume was $50.17 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 5.65 per cent to $2,490.04 from the previous day. Its 24-hour trading volume was $24.96 billion. Ethereum’s market dominance was 13.9 per cent.

Tether: Tether USDT was trading at $0.9998. It was up by 0.02 per cent. Its 24-hour trading volume was $87.52 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 5.70 per cent to $146.64. Its 24-hour trading volume was $3.71 billion.

Avalanche AVAX was trading at $26.28, down by 7.61 per cent. Its 24-hour trading volume was $598.74 million.

Cardano ADA was down by 6.20 per cent to $0.358 from the previous day. Its 24-hour trading volume was $461.39 million.

Meme Coins

Dogecoin DOGE was down by 8.64 per cent, with a 24-hour price of $0.1078.

Shiba Inu SHIB was down by 8.93 per cent to $0.00001667.

Decentralised Finance

DeFi coin was trading at $0.02032, down by 4.26 per cent.

Yearn.Finance YFI was down by 7.15 per cent to $5,031.33 in the last 24 hours. Its 24-hour trading volume was $15.95 million.