The global crypto market gained marginally on Monday with all major coins trading in the green. The total market cap was up by 3.36 per cent to $2.4 trillion, while the total trading volume was down by 32.40 per cent to $113.94 billion.
IOTA IOTA was the most trending cryptocurrency. It was up by 4.17 per cent to $0.2456. Its 24-hour trading volume was $26.82 million. Neo NEO was the top gainer. It was up by 35.36 per cent. Its 24-hour trading volume was $582.25 million. Celestia TIA was the top loser. It was down by 8.68 per cent. Its 24-hour trading volume was $350.64 million.
Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin jumped 3.9% to hit $64,400, rebounding sharply from a recent selloff triggered by heightened tensions in the Middle East. The rally extended to smaller cryptocurrencies such as Polkadot and Uniswap, which soared more than 10% as investors reacted to Iran's attack on Israel. The rally follows the liquidation of around $1.5 billion in bullish crypto positions over the weekend, underscoring heightened market volatility. However, with the escalation of the Israeli-Iranian conflict, uncertainty clouds the narrative of cryptocurrencies as safe havens during geopolitical crises. Additionally, anticipation surrounds the upcoming Bitcoin halving expected around April 20, traditionally seen as a bullish catalyst but now being met with growing skepticism amid recent market volatility."
DeFi was up by 4.05 per cent to $9.88 billion, Coinmarketcap.com reported.
Cryptocurrency Prices
Bitcoin: Bitcoin BTC was up by 2.30 per cent to $66,276.78. Its 24-hour trading volume was $43.04 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 54.0 per cent.
Ethereum: Ethereum ETH was up by 4.65 per cent to $3,238.06 from the previous day. Its 24-hour trading volume was $20.12 billion. Ethereum’s market dominance was 16.6 per cent.
Tether: Tether USDT was trading at $1.00. It was down by 0.01 per cent. Its 24-hour trading volume was $87.19 billion. It is ranked third on Coinmarketcap.
Other Altcoins
Solana SOL was up by 7.53 per cent to $155.18. Its 24-hour trading volume was $6.20 billion.
Avalanche AVAX was trading at $38.35, up by 6.53 per cent. Its 24-hour trading volume was $1.05 billion.
Cardano ADA was up by 4.06 per cent to $0.4867 from the previous day. Its 24-hour trading volume was $857.29 million.
Meme Coins
Dogecoin DOGE was up by 5.29 per cent, with a 24-hour price of $0.167.
Shiba Inu SHIB was up by 3.88 per cent to $0.00002361.
Decentralised Finance
DeFi coin was trading at $0.04604, the same as yesterday.
Yearn.Finance YFI was up by 8.21 per cent to $7,174.67 in the last 24 hours. Its 24-hour trading volume was $65.25 million in the last 24 hours.
