Cryptocurrency

Crypto Market Gains Marginally, Trading Volume Dips; Bitcoin Up, Ethereum Down

Bitcoin was up by 0.83 per cent, while Ethereum was down by 0.31 per cent. AI Companions AIC was the most trending cryptocurrency, while Popcat (SOL) POPCAT was the top gainer, and Maker MKR was the top loser

Crypto Market Gains Marginally
info_icon

The global crypto market gained marginally on Friday. The total market cap was up by 0.24 per cent to $2.32 trillion, while the total trading volume was down by 5.64 per cent to $76.2 billion.

AI Companions AIC was the most trending cryptocurrency. It was up by 17.31 per cent to $0.09887. Its 24-hour trading volume was $5.66 million. Elsewhere, Popcat (SOL) POPCAT was the top gainer. It was up by 13.46 per cent. Its 24-hour trading volume was $152.69 million. Maker MKR was the top loser. It was down by 5.98 per cent. Its 24-hour trading volume was $98.82 million.

DeFi was down by 0.26 per cent to $4.25 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin said, "Bitcoin could reach $70,000-$75,000 by the end of October after the recent rally.The market is showing signs of strength, which has improved sentiment among traders. Despite a difficult September for miners, Mokrov believes that October can bring a recovery. Ethereum could reach $3,100 depending on DeFi and NFT demand, while Solana could rise to $180 if the network remains stable. However, be aware the geopolitical and economic factors could affect prices, leading to potential corrections."

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 0.83 per cent to $67,931.57. Its 24-hour trading volume was $35.01 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 56.6 per cent.

Ethereum: Ethereum ETH was down by 0.31 per cent to $2,623.19 from the previous day. Its 24-hour trading volume was $15.82 billion. Ethereum’s market dominance was 13.4 per cent.

Tether: Tether USDT was trading at $0.9996. It was down by 0.02 per cent. Its 24-hour trading volume was $58.06 billion. It was ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was down by 0.32 per cent to $152.70. Its 24-hour trading volume was $2.12 billion.

Avalanche AVAX was trading at $27.52, down by 0.95 per cent. Its 24-hour trading volume was $244.49 million.

Cardano ADA was down by 1.82 per cent to $0.3457 from the previous day. Its 24-hour trading volume was $273.10 million.

Meme Coins

Dogecoin DOGE was up by 7.79 per cent, with a 24-hour price of $0.133.

Shiba Inu SHIB was up by 2.52 per cent to $0.00001872.

Decentralised Finance

DeFi coin was trading at $0.01931, down by 1.82 per cent.

Yearn.Finance YFI was down by 0.82 per cent to $4,957.47 in the last 24 hours. Its 24-hour trading volume was $15.85 million.