Cryptocurrency

Crypto Market Gains Marginally, But Trading Volume Dips 18.98%

Bitcoin was up by 1.53 per cent while Ethereum was up by 2.74 per cent. Memecoin MEME was the most trending cryptocurrency, while PancakeSwap CAKE was the top gainer and Huobi Token HT was the top loser

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Crypto Market, Trading Volume, Bitcoin
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The global crypto market was trading in the green on the first Saturday of November 2023. The total market cap was up by 1.83 per cent to $1.3 trillion even as the total trading volume was down by 18.98 per cent to $37.89 billion.

Memecoin MEME was the most trending cryptocurrency, up by 7.91 per cent to $0.02448. Its 24- hour trading volume was $117.74 million. PancakeSwap CAKE was the top gainer, up by 20.36 per cent to $1.82 in the last 24 hours. Its 24-hour trading volume was $117.74 million. Huobi Token HT was the top loser, down by 3.71 per cent to $2.37. Its 24-hour trading volume was $4.22 million.

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DeFi fell 10.82 per cent to $4.1 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was up by 1.53 per cent to $34,867.58. Its 24-hour trading volume was $14.63 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 52.36 per cent, down by 0.23 per cent over the last 24 hours.

Ethereum: Ethereum was up by 2.74 per cent to $1,843.38 from the previous day. Its 24-hour trading volume was $6.98 billion.

Tether: Tether was up by 0.04 per cent to $1 in the last 24 hours. Tether’s 24-hour trading volume was $27.47 billion. It is ranked third on Coinmarketcap.

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Other Altcoins

Solana (SOL) was up by 9 per cent to $42.56. Its 24-hour trading volume was $1.73 billion.

Avalanche was trading at $12.14, up by 2.84 per cent. Its 24-hour trading volume was $185.10 million.

Cardano ADA was up by 2.31 per cent to $0.3277 from the previous day. Its 24-hour trading volume was $270.95 million.

Meme Coins

Dogecoin (DOGE) was up by 2.17 per cent, with a 24-hour price of $0.06891.

Shiba Inu was up by 1.72 per cent to $0.000007911.

Decentralised Finance

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

Yearn.Finance was down by 3.56 per cent to $5,626.35 over the last 24 hours, while its 24-hour trading volume was $19.96 million.

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