Cryptocurrency

Crypto Market Gains Marginally Even As Trading Volume Drops 27.49%

Bitcoin was up by 0.75 per cent while Ethereum was down by 3.80 per cent. Solana SOL was the most trending cryptocurrency, while FTX Token FTT was the top gainer and Kaspa KAS was the top loser

Crypto Market Gains, Trading Volumes, Bitcoin (BTC), Ethereum
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The global crypto market gained marginally on the last day of the week. The total market cap was up by 0.20 per cent to $1.4 trillion on Saturday, while the total trading volume was down by 27.49 per cent to $69.19 billion.

Solana SOL was the most trending cryptocurrency, up by 16.96 per cent to $54.99. Its 24-hour trading volume was $4.03 billion. FTX Token FTT was the top gainer, up by 61.36 per cent to $4.37 in the last 24 hours. Its 24-hour trading volume was $848.17 million. Kaspa KAS was the top loser, down by 9.54 to $0.08769. Its 24-hour trading volume was $73.11 million.

DeFi fell 10.71 per cent to $7.41 billion, Coinmarketcap.com reported.

Cryptocurrency Prices

Bitcoin: Bitcoin was up by 0.75 per cent to $37,048.10. Its 24-hour trading volume was $22.35 billion.

It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 51.57 per cent, up by 0.37 per cent over the last 24 hours.

Ethereum: Ethereum was down 3.80 per cent to $2,047.67 from the previous day. Its 24-hour trading volume was $14.26 billion.

Tether: Tether was down by 0.03 per cent to $1 in the last 24 hours. Its 24-hour trading volume was $50.78 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana (SOL) was up by 6.51 per cent to $54.99. Its 24-hour trading volume was $4.03 billion.

Avalanche was trading at $14.15, up by 5.45 per cent. Its 24-hour trading volume was $622.97 million.

Cardano ADA was up by 0.01 per cent to $0.374 from the previous day. Its 24-hour trading volume was $565.36 million.

Meme Coins

Dogecoin (DOGE) was up by 2.78 per cent, with a 24-hour price of $0.07599.

Shiba Inu was up by 6.40 per cent to $0.000008955.

Decentralised Finance

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

Yearn.Finance was up by 19.79 per cent to $8,247.33 over the last 24 hours. Its 24-hour trading volume was $148.26 million.