Cryptocurrency

Crypto Market Gains Marginally, Trading Volume Rises 45.18 Per Cent

Bitcoin was up by 1.29 per cent, while Ethereum was up by 0.23 per cent. Notcoin NOT was the most trending cryptocurrency while Gala GALA was the top gainer and Synthenix SNX was the top loser.

Crypto Market Gains Marginally
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The global crypto market increased marginally on Monday. The total market cap was up by 0.46 per cent to $2.55 trillion, while the total trading volume was up by 45.16 per cent to $65.89 billion. Notcoin NOT was the most trending cryptocurrency. It was up by 6.06 per cent to $0.02088. Its 24-hour trading volume was $4.63 Billion.while Gala GALA was the top gainer cryptocurrency. It was up by 6.59 per cent. Its 24-hour trading volume was $298.32 million. Synthenix SNX was the top loser. It was down by 7.11 per cent. Its 24-hour trading volume was $50.37 million.

DeFi was down by 0.99 per cent to $7.31 billion, Coinmarketcap.com reported.

Sathvik Vishwanath, Co-Founder & CEO, Unocoin, said, "Bitcoin exchange balances fell below 2.3 million BTC, the lowest since March 2018, due to large outflows from Binance and Coinbase, indicating long-term holding by large investors. Bitcoin is priced at $67,731 with a bearish outlook if it stays below the $68,000 pivot point. Resistance levels are at $69,000, $70,600 and $71,000, while support levels are at $66,650, $65,950 and $65,150. The RSI is neutral at 46.62 and the 50-day EMA is in line with the pivot. A break above $68,000 could signal a bullish trend; otherwise, the bearish trend may persist."

Cryptocurrency Prices

Bitcoin: Bitcoin BTC was up by 1.29 per cent to $68,605.82. Its 24-hour trading volume was $20.66 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 52.5 per cent.

Ethereum: Ethereum ETH was up by 0.23 per cent to $3812.56 from the previous day. Its 24-hour trading volume was $11.28 billion. Ethereum’s market dominance was 18.1 per cent.

Tether: Tether USDT was trading at $0.9994. It was up by 0.01 per cent. Its 24-hour trading volume was $53.47 billion. It is ranked third on Coinmarketcap.

Other Altcoins

Solana SOL was up by 0.77 per cent to $164.71. Its 24-hour trading volume was $1.75 billion.

Avalanche AVAX was trading at $35.39, down by 1.64 per cent. Its 24-hour trading volume was $279.28 million.

Cardano ADA was up by 0.38 per cent to $0.4508 from the previous day. Its 24-hour trading volume was $277.50 million.

Meme Coins

Dogecoin DOGE was up by 0.83 per cent, with a 24-hour price of $0.1607.

Shiba Inu SHIB was down by 0.51 per cent to $0.00002481.

Decentralised Finance

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

Yearn.Finance YFI was down by 0.63 per cent to $6,945.77 in the last 24 hours. Its 24-hour trading volume was $18.02 million.